Experts in the economic, trade, banking and political sectors yesterday viewed that the 2018 budget proposals were aimed at sustainable development while ensuring the welfare of people.
Commenting on the 2018 budget proposals presented to Parliament by Finance and Media Minister Mangala Samaraweera on Thursday, the experts said the proposals would help revive Small and Medium scale Enterprises.
They said the proposals would promote the economy of all segments in the society making the government’s target to turn the country into upper middle income level a reality by 2025.
The experts said the 2018 budget would support the achievement medium term targets such as per capita income of US$ 5000, one million new jobs, FDI inflows of US$ 5 billion and doubling exports to USD 20 billion.
“The 2018 Budget presented by Finance and Mass Media Minister Mangala Samaraweera under the theme of “Blue–green Budget: the Launch of Enterprise Sri Lanka” is laudable," they said. They said people at grass roots level were immensely benefited by the reduction commodity tax on several consumer items ahead of the budget.
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