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[h=1]Budget 2019 – A Round Up[/h]
On March 5, 2019, Finance Minister Mangala Samaraweera presented the Budget in Parliament.
Groundviews spoke to economists for their reactions. Here’s what we asked:
W A Wijewardena – Former Deputy Governor Central Bank
Contrary to speculation by many, “Khema’s Boy” has been able to keep the pressure from his colleagues to deliver an election budget; instead of promoting consumption which had been done by previous Finance Ministers in the wake of elections, he has diverted scarce government funds away from consumption to investment in human capital and infrastructure projects that would bring benefits to the country in the medium to long term. The development of the country’s skill and talent base through liberal higher education programs is a strategy adopted by Mahathir Mohammad in 1980s in Malaysia; it brought dividends to that country for a long period.
more and source : https://groundviews.org/2019/03/06/budget-2019-a-round-up/
On March 5, 2019, Finance Minister Mangala Samaraweera presented the Budget in Parliament.
Groundviews spoke to economists for their reactions. Here’s what we asked:
W A Wijewardena – Former Deputy Governor Central Bank
Contrary to speculation by many, “Khema’s Boy” has been able to keep the pressure from his colleagues to deliver an election budget; instead of promoting consumption which had been done by previous Finance Ministers in the wake of elections, he has diverted scarce government funds away from consumption to investment in human capital and infrastructure projects that would bring benefits to the country in the medium to long term. The development of the country’s skill and talent base through liberal higher education programs is a strategy adopted by Mahathir Mohammad in 1980s in Malaysia; it brought dividends to that country for a long period.
more and source : https://groundviews.org/2019/03/06/budget-2019-a-round-up/