Sri Lanka, July 8 -- A special discussion to review Sri Lanka's public revenue system modernisation took place recently at the Presidential Secretariat. Presidential Secretariat Secretary Nandika Sanath Kumanayake chaired the meeting between the International Monetary Fund and the Revenue Administration Reform and Modernisation Bureau.

The discussion evaluated the reform process implemented over the past year under the Medium-Term Revenue Strategy, which spans the tax system, customs procedures, excise administration, and the general public revenue framework. The visiting delegation also held separate talks with senior officials from the Inland Revenue Department, the Ministry of Finance, Sri Lanka Customs, and the Department of Excise....