economy

Budget proposals need to be feasible; Nishan De Mel
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Taken from News1st Budget Proposals advertised in the budget are not implemented because they were not seen as feasible, Verité Research Economist, Nishan De Mel said. De Mel, highlighted the importance of budget proposals to be implemented with detailed estimates...
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Economist urges need for credible fiscal roadmap
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Taken from DailyMirror Sri Lanka would need to demonstrate the return to a credible fiscal path, a transition the country would have to make before the next debt repayment that is due mid this year by shoring up government revenue,...
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Need for prudent ministerial portfolio allocation urged for better public finance management
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Taken from DailyMirror As Sri Lanka is gearing up for a parliamentary election, economists are stressing on the need to allocate ministerial portfolios in a more prudent manner so that the public finance management, amongst other areas, does not get...
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Sri Lanka’s consumption could have recovered with smaller stimulus
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Taken from DailyMirror Successive governments have failed to come up with a citizens’ budget that entails the necessary insights for the public to understand the viability of the proposals made and to break this recurring inefficient cycle, economic think tank...
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Sri Lanka’s consumption could have recovered with smaller stimulus
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Taken from economynext Image courtesy DailyFT Sri Lanka could have achieved a revival in consumer demand with a smaller stimulus, as the country tends to go through a cyclical revival in the wake of shocks, an economist said, amid concerns...
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Govt moves from hand outs to empower people
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Taken from DailyNews The government has shifted from a culture of providing handouts to a culture of empowering people through the 2019 Budget to be entrepreneurs contributing to the economy, said Finance Minister Mangala Samaraweera at a post budget discussion...
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Online Govt. trade portal set to fail if structural problems go unchecked: Leading researcher
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By Madushka Balasuriya In July this year, Sri Lanka made one of the most progressive steps in its trade history when it launched the Sri Lanka Trade Information Portal (SLTIP). An initiative by the Department of Commerce, in collaboration with...
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Sri Lanka’s regulations, multiple state agencies blocking progress
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ECONOMYNEXT - Sri Lanka's multiple ministries and agencies and regulations is making it difficult to implement policy and red tape was hindering trade and investment, and reform are required to unlock growth, officials said. "Sri Lanka compared to other emerging...
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Sri Lanka Economic Summit 2018: On The Fast Track to a Turnaround
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Give top priority to foreign investment - Arun Kumar  Foreign investment needs to be a high-priority area for growth and employment generation in Sri Lanka, said Arun M Kumar, Chairman and CEO, KPMG India. Delivering the key note address at the inaugural...
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