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Treasury Reform Puts Emission Trust Fund at Risk - LNW Lanka News Web
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Treasury Reform Puts Emission Trust Fund at Risk - LNW Lanka News Web
Sri Lanka’s Vehicular Emission Test Trust Fund (VETTF), a key initiative in curbing vehicle-related pollution, faces an uncertain future following sweeping fiscal reforms introduced under the Public Financial Management Act No. 44 of 2024. The new legislation mandates the dissolution of all independently managed public funds and their integration into the central Treasury. As a result, the VETTF—established in 2008 to support vehicle emission re…
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