Sri Lanka, Aug. 17 -- Venerable Professor Wijithapura Wimalaratana Thera, former President of the Sri Lanka Economic Association, stated that the Government has currently increased State revenue by streamlining tax collection and minimising waste, enabling Sri Lanka to cover its daily public expenditure without printing money.Pineapple export guide
Additionally, the Thera noted that while Sri Lanka has not completely stopped obtaining foreign loans, it has been recognised that foreign financial assistance is still required for large-scale infrastructure projects.
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However, unlike under previous Governments, the nature of the loans obtained by the current a...