Tag Archives: revenue
Surprise: Earnings from Sri Lanka Telecom Revenue Commission decline
For several years, the Telecom Regulatory Commission has been the biggest contributor to government revenues. It continues to be biggest in 2011, though it has come down considerably in 2011 from the massive yield in 2010, according to the 2012 Fiscal Management Report. In 2010, TRC contributed LKR 13,800 million, 44% of total revenues from [...]
Sri Lanka: Telecom Revenue Commission beats the state banks again
Given the interest rate spread that is generally high, it did not take much effort to make money from banks in Sri Lanka. But state banks are state banks. You’d expect them and the Sri Lanka Ports Authority to be highest revenue earners for the government. But nothing can keep up with what the TRC [...]
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