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The Island

Budget 2027: President sets out economic transformation agenda

Roadmap unveiled for economic transformation beyond stabilisation Salary and allowance increases for public sector employees Public debt projected to fall to 87% by 2032 PAYE tax-free threshold to rise to Rs. 162,500 Preparations proposed for post-IMF programme era Foreign debt payments to fall to US$2.99bn next year 2.3% primary surplus and 5% budget deficit targeted […]

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  • Thilina WalpolaReporter, The Island
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