This Sri Lanka Development Update report focuses on mobilizing tax revenue for the country's future growth. The report is published by the World Bank and provides an overview of the current tax system in Sri Lanka and the challenges faced in collecting taxes. The report also highlights the importance of tax revenue in financing public services and reducing poverty. The report suggests several measures to improve tax collection, including strengthening tax administration, broadening the tax base, and improving taxpayer compliance. The report concludes that mobilizing tax revenue is crucial for Sri Lanka's economic development and calls for concerted efforts to improve the tax system.
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