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Research Journal of the University of Ruhuna, Sri Lanka- Rohana 12, 2020
the tax burden on private sector is vital for attracting FDI to the country. From a
policy implication stance, realizing high economic growth leading to enhance
market size, improving infrastructure and more open trade policies are critical for
bringing in the expected positive impacts of FDI. Further work needs to be done to
establish whether these results were simulated by applying sectoral or industry based
micro-level data.
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