Ranil Wickremesinghe

@RW_UNP ↗

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Last Checked April 3, 2023

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Thu Feb 09 05:35:11 +0000 2023

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Ranil Wickremesinghe @RW_UNP

2/ Sri Lanka relies heavily on indirect taxes. In 2021, direct taxes accounted for 21% of tax revenue, while indirect taxes were 79%. I’ll rectify this disparity. Measures are taken to protect the vulnerable & ensure welfare programs aren’t abused by higher-income earners. — PolitiTweet.org

Posted Feb. 9, 2023

Preceded By

Ranil Wickremesinghe @RW_UNP

1/ I’m ready to make unpopular decisions for the nation's sake. If we abolish PAYE, we’ll lose 100bn rupees. If we raise the tax limit to 200,000 rupees, we’ll lose 63bn rupees. All told, 163bn rupees will be lost. At present, the economy cannot afford this loss of income. — PolitiTweet.org

Posted Feb. 9, 2023

Followed By

Ranil Wickremesinghe @RW_UNP

1/ When I first addressed parliament as President, inflation stood at 70%. It's now down to 54%. Exports have risen to $13b; imports are down to $18b; remittances are up to $4b. Foreign reserves are up to $500m. — PolitiTweet.org

Posted Feb. 9, 2023