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Monday, 3 November 2014 00:39 - - {{hitsCtrl.values.hits}}
Sri Lanka needs to target higher revenue and simplify its tax system to meet its fiscal consolidation goal instead of squeezing expenditure.
“Fiscal consolidation needs to be re-focused from expenditure compression to revenue generation,” IMF Resident Representative for Sri Lanka, Eteri Kvintradze, told a Reuters post-budget forum last week.
