Sri Lanka Brodcasting Corporation

Tue09182018

Last updateThu, 13 Sep 2018 10am

Local News

The Prime Minister says the former president should reveal the methods to reduce the taxes in this country.

Prime Minister Ranil Wickremasinghe says the former president Mahinda Rajapaksa should reveal the methods to reduce the taxes in this country. The former president stated in a function that he will reduce the tax by 20 percent when he comes to power. However, Mr. Wickremasinghe alleged that the former president has made a world record in obtaining loans during his tenure. The premier made these remarks at a function held in Ranwala to open a bridge. The premier also said the previous regime has taken loans upto 7,391 billion rupees. As a result, the monetary system and the economy are facing major crisis in the country.