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Home News Item Xinhua world economic news summary at 0900 GMT, Dec. 11
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Xinhua world economic news summary at 0900 GMT, Dec. 11

december 11, 2023by Reacties uitgeschakeld voor Xinhua world economic news summary at 0900 GMT, Dec. 11

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COLOMBO — Sri Lanka’s inflation is expected to rise to 5 percent next year after the government increases the value-added tax (VAT) to 18 percent from January 2024, a state minister said on Sunday.

State Minister of Finance Ranjith Siyambalapitiya said in the parliament that currently, the inflation rate hovers between 3 percent and 3.5 percent in the South Asian country. (Sri Lanka-Inflation)

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