Disclosing the expenses of the Independence Day celebration, the President's Office said the government spent only Rs. 11 million on the 75th National Independence Day celebrations this year.
Amid rising costs and taxes and the non-delivery of a timely International Monetary Fund (IMF) bailout, things are looking increasingly bleak for Sri Lanka on the economic front. This, amid a dismal budgetary situation that seems unsurmountable, informed official sources said.