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The IMF mission in Colombo on Wednesday (27) in its End-of-Mission press releases included statements of IMF staff teams that convey preliminary findings after a visit to a country.

In a major investment drive, the government is considering bringing back tax holidays — this time two years instead of the previous five — for locals and foreigners who bring in investment projects in excess of US$ 50 million (Rs. 16 billion) along with duty-free vehicles.

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