Sri Lanka, July 8 -- Previous governments constructed expressways by obtaining billions in foreign loans, but the current administration develops the road network using fair tax revenues collected from the public, Deputy Minister of Housing Construction and Water Supply T.B. Sarath states.

The country's economy suffered a severe setback during past administrations because taxes were not properly collected from large-scale businessmen, the Deputy Minister emphasised while speaking to the media.

The current government took steps to recover billions of rupees in taxes owed by businessmen such as Daya Gamage, Johnston Fernando, and Aloysius, the Deputy Minister noted.

"The rulers back then trapped the country in a debt trap by granting tax...