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Sri Lanka’s 2023 budget aims to put crisis-hit economy back on track

Labourers carry on work in the scaffolding of an under-construction skyscraper building in Colombo on November 9, 2022. (Photo by ISHARA S. KODIKARA / AFP)

 

CNA – Sri Lanka’s new government will release the 2023 budget on Monday focussed on boosting revenue, implementing tax reforms and fiscal consolidation to secure an International Monetary Fund (IMF) bailout package to help the country recover from its worst financial crisis in decades. More details in Friday’s Borneo Bulletin.

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