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Searched Tag: sri lanka economic crisis
The report says in 2022, the cost of tax exemptions reached as high as 56 per cent of the government revenue

Flawed tax policies led to Sri Lanka’s economic meltdown: Report

October 17, 2025, 07:58 PM - 2 min read

A non-profit human rights watch group has released a 101-page report on the reasons for the 2022 economic crisis that gripped the island nation of Sri Lanka, saying governments there had historically adopted policies that resulted in inadequate revenues

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