Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lankan government's 2013 budget benefits only super rich - opposition
Fri, Nov 9, 2012, 11:40 am SL Time, ColomboPage News Desk, Sri Lanka.

Nov 09, Colombo: Sri Lankan government's 2013 budget would benefit only the super-rich in the country, the main opposition United National Party (UNP) says.

Economist and UNP parliamentarian Dr. Harsha de Silva says the budget presented to the parliament Thursday did not contain any relief for the ordinary people and farmers, fishermen and the hardworking people of the country have not received any benefit from the budget.

He has explained that the exemption of taxes on sports cars and the permission granted to transfer funds deposited in foreign banks indicated that the government's budget targeted only a small group of people.

The budget proposes exempting taxes on go-carts and specially designed racing vehicles to attract international sporting events and participants to those events to increase revenue from such events to US$ 500 million by 2016 from the current US$ 50 million.

According to Dr. de Silva, 99 percent of the population had been left in the lurch by the government. He questioned if the importing of racing cars would address the issues faced by the people.

ColomboPage - Recent 10 Stories
Sri Lanka will not implement death penalty for now - Justice Minister
-- [2 hours ago]
Sri Lankan Court grants bail to former government officials Lalith Weeratunga and Anusha Palpita
-- [3 hours ago]
Kotadeniyawa girl's murder suspect's DNA no match, court told
-- [3 hours ago]
Charitable Tuk Tuk Run concludes 8 day adventure at Lantern Boutique Hotel, Matara
-- [3 hours ago]
Sri Lanka police arrest foreign tourist for public nudity
-- [4 hours ago]
Sri Lanka again asks India's NTPC to shift power plant location: Report
-- [5 hours ago]
Hearing of former Defense Secretary's FR petition postponed till January
Sri Lanka Army releases over 600 acres in North to rightful owners
Sri Lanka PM seeks Japan's assistance to develop conflict-affected areas
Construction of new houses for people impacted by landslide begins

Copyright © 2000, 2012 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.