A budget which saves money for essential services: UNP

10 November 2017 10:15 am - 5 - {{hitsCtrl.values.hits}}

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UNP Minister Eran Wickramaratne said the Finance Minister Mangala Samaraweera had done a tremendous job by securing macroeconomic fundamentals and raising revenue so that more funds could be made available for essential services such as education, health and social transfers.

He said the finance minister had also managed to keep the budget deficit low, adding that 2018 would be a challenging year because the country would have to repay the highest debt in history.

“This budget has emphasized on building human capital rather than on hard infrastructure. That is a right decision because spending on human capital will help Sri Lanka to have a unique touch over the countries in the region. We won’t be exporting cheap labour any more as more funds have been allocated to develop universities and vocational training centres in the country,’ he said. (Ajith Siriwardana and Yohan Perera)

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Comments - 5

NEWTON Friday, 10 November 2017 11:12 AM

MEANING A BUDGET OF A BANKRUPT KINGDOM!

Katie Friday, 10 November 2017 12:09 PM

A budget that has forgotten the Private Sector

Nostradamus Friday, 10 November 2017 12:08 PM

If there is really an improvement and change in the education it will still take ten years to cover up the damages which were done in the past. So dont expect positive results fast. via DM Android App

ANTON Friday, 10 November 2017 03:00 PM

YOU MEAN...... TO BUY LUXURY VEHICLES TO MINISTERS.

Sincere Friday, 10 November 2017 06:04 PM

Sir, How much would it be in total that could have saved for essential services if you also add what was lost in the bond scam into it?

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A budget which saves money for essential services: UNP

Comments - 5

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