Sri Lanka - China Economic Brief : Issue V

Team Arutha
May 15, 2025
1 min read

Updated: Jan 8

With US-China tensions on the rise, Sri Lanka navigates its relationships with the global powerhouses. What does the future hold for Sri Lanka–China ties amid these shifting geopolitical dynamics?

Explore the latest insights in the fifth edition 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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