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* Next budget aims at a production-based economy
Sun, Sep 12, 2021, 10:11 am SL Time, ColomboPage News Desk, Sri Lanka.

Sept 12, Colombo: The forthcoming budget will aim for a production-based economy that will especially benefit the underprivileged masses in the society, the Minister of Finance Basil Rajapaksa said.

Minister Rajapaksa said after the successful completion of the Government’s vaccination drive, the Government will achieve the key targets set out in the Budget and offer benefits to the common masses.

In the budget, a program will be formulated to use the land and resources as efficiently as possible. He also said that the salaries of public servants or retirees would be paid without any cuts, despite the difficulties faced by the economy in the face of the Covid epidemic.

The Government has also decided to continue all development activities, including production and construction, in line with the President’s Vistas of Prosperity and Splendor policy.

Finance Minister Basil Rajapaksa disclosed this at a meeting with state media chiefs at the Finance Ministry last Friday (10).

Emphasizing that being sensitive is not a weakness, the Finance Minister said that the government is sensitive and would take the views of all parties seriously in making certain decisions.

The government has also decided to formulate incentives for entrepreneurs and the commercial sector through the budget for the next year.

 

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