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CA Sri Lanka 23rd Annual Oration on Taxation

Eminent economist Dr. Dushni Weerakoon highlights critical role tax policies can play to spur economic growth

Executive Director of the Institute of Policy Studies of Sri Lanka (IPS), Dr. Dushni Weerakoon this week highlighted the critical role tax policies can play in spurring economic growth of a country, specially a developing country.

Mr. Esmond Satarasinghe, founding member of CA Sri Lanka presenting the medallion to the orator, Dr. Dushni Weerakoon in the presence of CA Sri Lanka President Mr. Jagath Perera.

Addressing the 23rd Annual Oration on Taxation organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on Monday, 02nd December, she said, “Tax policies can be catalysts in the process of economic growth, especially in a developing country context, where private sectors are less dynamic and where markets are either underdeveloped or are missing.”

An eminent economist, Dr. Weerakoon also went on to say that developing tax policies is a fundamental part of government public finance management. She noted that tax policies have an important bearing on economic decisions and influences people’s choices to work, invest and consume. “As such, not only do they impact economic growth, but they also impact employment, living standards and the qu