Tariff Reforms Face Revenue Crisis without Replacement Strategy
Source: Lanka News
Category: Politics
Region: Sri Lanka
Published: November 07, 2026 at 04:46
π Summary
Sri Lankaβs ambitious plan to dismantle two major import para-tariffs by 2029 is facing a critical fiscal challenge, with the Government yet to finalise a credible strategy to replace the revenue expected to disappear through the phased abolition of the Ports and Airports Development Levy (PAL) and CESS. The uncertainty has raised questions about whether [β¦] The post Tariff Reforms Face Revenue Crisis without Replacement Strategy appeared first on Lankanews.lk .