Sri Lanka should protest the 7-pct annual inflation target, not a 3-pct VAT hike
Sri Lanka's politicians are protesting a once in a lifetime valued added tax of 3 as well as the imposition of VAT on some new items, but far more damaging to the poor is the deadly power given to macro-economists to generate 5 to 7 percent inflation every year.
Source: economynext.com
