Home / Front Page/ 2018 Budget best since JR’s in 1977: Malik

2018 Budget best since JR’s in 1977: Malik


Comments / {{hitsCtrl.values.hits}} Views / Monday, 13 November 2017 00:48


Development Strategies and International Trade Minister Malik Samarawickrama on Friday described the 2018 Budget as the best iteration of the country’s annual financial policy statement since former President J.R. Jayewardene’s 1977 Budget.



“The 2018 Budget is one of the most progressive private sector-friendly budgets since the one unveiled by President J.R. Jayewardene in 1977,” declared Minister Samarawickrama. 



“After 40 years we have a Budget that is very favourable to the private sector that is export-oriented. So it is up to the private sector to lead the development process of our country. The Government has done its best by setting the ground rules. It is up to the private sector to take the challenge and move forward,” emphasised the Minister. 



At the E&Y (Ernst and Young) Forum he recalled that in 1977 he was an employee of Shaw Wallace and after then President Jayewardene’s Budget he promptly left the company and started his own business by taking up the challenge.  



“I wish I was 40 years younger but it is up to the younger generation of Sri Lanka to harness the opportunities offered via 2018 Budget and enter into entrepreneurship and also the private sector to seize the opportunity,” Minister Samarawickrama added.

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

No other country can better understand the preciousness of free trade than SL

Thursday, 19 July 2018

The year 2018 marks the 40th anniversary of China’s reform and opening-up and also the 17th anniversary of China’ accession to the World Trade Organization (WTO). In 2001, China acceded to the WTO, which marked a new historic stage of reform and


Development of national housing and Employees’ Provident Fund

Thursday, 19 July 2018

‘Singapore’ has become a buzzword in the media circles today. Media speak is centred round many issues. Extradition of the fugitive Central Bank Governor appointed to the post on a recommendation by our PM, now missing and reportedly taken refuge


Sri Lanka stepping up its pursuit of trade-led growth

Wednesday, 18 July 2018

“We were a trading nation since the era of ancient kings,” Prime Minister Ranil Wickremesinghe reminded Parliament


To hang or not to hang!

Tuesday, 17 July 2018

President Maithripala Sirisena dropped a bombshell out of the blues last week, sans all ‘maître’ (loving-kindness) when he launched a coup de main on drug offenders. He threatened to use his powers to place his signature to execute the death sen


Columnists More