- VAT may need to be increased to 20-21% if public servants’ demand for a salary increase is met
- Government is not prepared to fulfill the demand as it would burden the public
- Salary increase this year is not possible, but may be considered in the 2025 budget
- Treasury Secretary made remarks during meeting with President Wickremesinghe
- Over 200 public sector trade unions engaging in two-day ‘Sick Leave’ trade union action
- Strike launched over demands including a salary increase
Source: newswire.lk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.