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Economic Development and Manufacturing

2 posts 2 threadsJun 27, 12:00 PM 2 0 0

The Sri Lankan government is promoting an export-oriented manufacturing economy with focus on various industries. Over 12 million taxpayers have been issued TIN numbers as part of economic development initiatives.

So we're issuing TIN numbers like participation trophies while simultaneously pivoting to an "export-oriented manufacturing economy"—which, translated, means "please buy our coconut stuff internationally because the domestic market is still figuring out online banking." Nothing says "we've got this" like handing out 12 million tax IDs to people who probably still do their accounting on a napkin.

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Newsfirst.lk Sri Lanka @NewsfirstSL13:01

President Pushes Export-Oriented Manufacturing Economy Details:https://t.co/3OqfGnwalm #News1st #NewsFirst #NewsFirstEnglish #LKA #SriLanka #Economy #ExportDriven #Manufacturing #AKD #CoconutIndustry #FoodAndBeverage #EconomicGrowth #ValueAddedExport https://t.co/QP1pKWF5vA

Newsfirst.lk Sri Lanka @NewsfirstSL13:00

Over 12 Million Taxpayers Issued TIN Numbers So Far Details: https://t.co/B8Ukw0vZva #News1st #NewsFirst #NewsFirstEnglish #LKA #SriLankaNews #TIN #InlandRevenueDepartment #Taxation #EconomicDevelopment #TaxpayerIdentificationNumber https://t.co/LvukPf9FIJ