Sri Lanka-China Economic Brief: Issue III

Team Arutha
Nov 27, 2024
1 min read

Updated: Jan 16

China Export-Import Bank has become the first of Sri Lanka’s bilateral lenders to finalise foreign debt negotiations. Meanwhile diplomatic relations continue to evolve with the election of Sri Lanka’s new government. Find out more on these latest developments in the third issue of the Sri Lanka – China Economic Brief.

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Wage hike or hidden subsidy? Government removes employers’ responsibility

Budget 2026 announces phasing out of para tariffs but forecasts growing revenue collections from PAL, CESS and SCL till 2028

Full benefit of VAT removal on locally-produced liquid milk and yoghurt is not passed onto consumers

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