FinMin Ravi vows to reduce tax burden

Measures would be taken to reduce the tax burden and provide more relief for the citizenry, Finance Minister Ravi Karunanayake has said.

The Finance Minister made the observation during an event held after receiving the award, Best Finance Minister of Asia Pacific Region.

“This award was given in recognition of the policy planning taken by the country to strengthen its economy under the abled guidance of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe. At the same time, all Cabinet ministers who supported me in this effort should be remembered at this moment. The Banker magazine which observed how our economy is handled by financial disciplines, decided to confer this award. I think this is a good opportunity for Sri Lanka to go forward. Therefore this award will bring optimistic hopes for a better future for all Sri Lankans”, the Ministry quoted the Minister as saying in a statement.

The Minister has also pointed out that the award is not his personal victory but an achievement by the entire country. He said the international confidence on Sri Lanka’s economic journey has been built further and, as a result, the entire country can keep hopes of an optimistic future.