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Under-invoicing exports is Erroneous, as it'll minimize gains within the place. It is a tax fraud. Even so, lowering earnings are unable to add to forex shortages because any cash that is not used during the region will also minimize imports.Within the Sri Lankan context, the concern of Levels of competition is what mainly led for the misallocation
The not long ago-imposed price controls on eggs is not going to make any big difference to exactly the same set of outcomes I observed about seven many years back. Regrettably, Sri Lanka’s policymakers have not learnt their lesson – that price controls have not worked and won't ever perform.The thoughts expressed are the author’s have views.