- Treasury Secretary warns of VAT increase
- Mahinda Siriwardana announced that meeting salary increase demands of public servants may require raising VAT from 18% to 20-21%
- Government cannot meet demands as it would burden the public financially
- President chaired a discussion to address trade unions’ demands
- 2025 budget will consider revising public service salaries based on expert committee recommendations on salary disparities
Source: dailymirror.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.
