MP Abeysinghe unrealistic on revenue estimates being unrealistic
…The [2023] budget presented this time is seeking the highest revenue in the entire history of Sri Lanka. Compared to last year, this year’s revenue shows an increase of 70%. In Sri Lanka, at no point has the revenue increased from year to year by more than 10%, 15% or 20%.... In the history of Sri Lanka have we ever generated a revenue figure that is in the range of LKR 3,000 billion? Every year, the revenue generated has been less than LKR 2,000 billion….
Parliament Hansard | November 21, 2022
Posted on: 20 January, 2023
False
State minister Siyambalapitiya fails on success of tax collection
We set a target to collect Rs. 915 billion in tax incomes through IRD in 2022. I’m delighted to say that we have been able to achieve 68.4% of this annual target at the end of September, which is in spite of the projected 8.2% contraction of GDP this year.
Daily Mirror | November 4, 2022
Posted on: 8 December, 2022
Partly True