Budget 2021 | Promises challenging but achievable: Ajith Nivard Cabraal - News Summed Up

Budget 2021 | Promises challenging but achievable: Ajith Nivard Cabraal


With the Prime Minister asking people to invest their hidden money and offering to provide tax concessions, what kind of message does it send to foreign markets about Sri Lanka? I firmly believe that Sri Lanka will be able to achieve a growth of 5.5% next year. Is this a realistic move, given that Sri Lanka has to make debt repayments between $ 4-6 billion in 2021? 1.4 trillion due to the undue increases in interest rates. You have recently said Sri Lanka will never go for an International Monetary Fund (IMF) arrangement.


Source: The Nation November 22, 2020 00:22 UTC



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