Deputy finance minister urges public not to judge 2027 Budget solely on concessions
Summarised by AI from 1 article
Deputy Minister of Finance Anil Jayantha Fernando on 11 November urged the public not to assess the upcoming 2027 Budget solely on welfare benefits or tax concessions.
Speaking on the third Budget under the National People’s Power administration, Fernando said the government is moving from macroeconomic stabilisation toward economic expansion and structural transformation.
He identified quality investment, increased production for export markets, employment generation, and public financial discipline as key priorities to help move Sri Lanka toward upper-middle-income status.
Fernando noted that while the Budget will include appropriate welfare measures and possible tax concessions, the proposals should primarily be evaluated on their overall economic direction.
