Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka's Finance Minister to present first ever 'Designer Budget' for next year
Thu, Sep 14, 2017, 08:10 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 14, Colombo: Sri Lanka's Minister of Finance and Mass Media Mangala Samaraweera states that the budget for next year will be designed to liberalize economic reforms, promote entrepreneurship and prepare pragmatic investment projects.

The Finance Minister made these comments participating at the Daily FT-Colombo University MBA Alumni Association organized 2018 Pre-Budget Forum at Hilton Colombo yesterday.

Minister Samaraweera expressing keenness to engage with the private sector said the budget proposals presented by leading businesses will be considered. "We will certainly take into account your proposals and we welcome further engagement," he said.

Speaking at the conference Minister Mangala Samaraweera said the government is engaged in the creation of a 'Designer Budget'.

He said through the Designer Budget the government plans to present an inclusive policy framework that would liberalize reforms as well as promote entrepreneurship, expand key sectors and hopes to create a "balanced country on dual pillars of reconciliation and development."

Addressing the entrepreneurs, the Minister Samaraweera stressed the importance of building Sri Lanka's reputation to attract foreign investors.

"We must continue to build on Sri Lanka's reputation. We must identify ways to attract investors; we must make Sri Lanka a paradise for investors. We need to increase exports and also strengthen the social security system that includes the education, healthcare and housing sectors," he said.


ColomboPage - Recent 10 Stories ::
Sri Lanka Prime Minister says will pay off all debts during this government's time
-- [3 hours ago]
Gintota under control, Law & Order Minister warns elements inciting communal violence
-- [4 hours ago]
Selyn launches 'Sthri by Selyn' - an ethical fashion collective for women by women
-- [6 hours ago]
Finnish Firm in Sri Lanka to set up to project to produce energy from sea waves
-- [7 hours ago]
Police curfew imposed in parts of Galle to control tense situation
Sri Lanka Army chief ordered to appear in court over disappearances
Sri Lanka accepts 177 recommendations of third UPR, mindful of implementation of some
Court rejects former Defense Secretary's objections on Avant Garde case
Notice calling nominations for LG polls to be issued on Nov 27
Sri Lanka national security think tank holds panel discussion on post-war role of armed forces

Copyright © 2000, 2016 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.