By Rehana Thowfeek
Sri Lanka’s current Value Added Tax (VAT) framework has not kept pace with the growing volume of cross-border digital transactions. In response, the government is now moving forward with a proposal to extend the standard VAT rate of 18% to digital services provided from abroad to consumers in Sri Lanka.
Arutha’s latest brief unpacks this new policy to better understand its implications.
China remains one of Sri Lanka’s largest economic partners, with growing trade relationships, tempered by project delays and IMF-driven investment reforms. What lies ahead for Sri Lanka–China relations in this evolving economic and geopolitical landscape? Explore the latest insights in the sixth edition of the Sri Lanka–China Economic Brief!
An online discussion on the current status and developments of social safety networks in Sri Lanka was held on 28 October 2022.
“Career & Care: Supporting Women Who Power Our Economies” is the first issue of the series, Arutha in Focus. This compilation features three articles written by Yenuli Ranaweera and Rojie Ekanayake, originally published in The Morning newspaper, that focus on women in Sri Lanka’s workforce. The articles discuss care work, labor force participation, and the…
Join Arutha for a programme that aims to equip civil society with the knowledge and tools necessary to navigate Sri Lanka’s complex economic landscape. Sign up for free to attend: https://forms.office.com/r/NK1KSnTMKn?origin=lprLink
As wealth inequality increases globally, sentiments in favour of taxing the wealthiest in society continue to gain momentum. Although Sri Lanka experimented with taxes on wealth shortly after its independence, many of these measures have since been abolished. There are only a few minor taxes on assets at present, and these contribute little to government…
Arutha hosted a roundtable discussion on its newly launched report, The Political Economy of Debt, featuring Prof. Mick Moore, a political economist from the Institute of Development Studies, University of Sussex…