A Sri Lankan resident walks among cars at a vehicle sales center in Colombo on Friday. Sri Lanka’s new government announced hefty taxes on top companies last week in a bid to raise revenue, accusing the previous regime of fudging the figures and leaving the economy in a “sad state.” Finance Minister Ravi Karunanayake also said prices of essential food items would be slashed to cut the cost of living for average Sri Lankans, as he unveiled his government’s supplementary budget. SD-Agencies