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

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 ::
Research study uses sounds of disturbed honey bees to scare away Sri Lankan elephants
-- [0 minutes ago]
Sri Lanka Human Rights Commission instructs public officials to be impartial at LG polls
-- [45 minutes ago]
CPC bans bulk sale of Lanka Kerosene
-- [1 hour and 35 minutes ago]
No increase in import taxes on food items - Finance Ministry
-- [2 hours ago]
Sri Lanka Customs destroys illegal imports worth Rs. 31 million
-- [2 hours ago]
Singapore PM arrives in Sri Lanka
-- [3 hours ago]
Sri Lanka nationwide inflation declines to 7.3 percent in December 2017
-- [4 hours ago]
Sri Lanka Health Minister refuses to grant concessions to companies on proposed sugar tax for sweetened beverages
-- [9 hours ago]
Contempt of court charges against Deputy Minister Ranjan Ramanayake to be called on March 23
Court grants bail to 58 people arrested in Kataragama

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.