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DateLine Sunday, 11 November 2007

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Reasonable budget in present scenario, say Chamber heads

The third budget of the Mahinda Rajapakasa government was presented in Parliament on Wednesday focussing on four priorities - infrastructure development, relief to low income groups, reawakening of local enterprises and the improvement of local products.

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Budget to consolidate fiscal position - CB Governor

Budget 2008 will consolidate the fiscal position, continue major infrastructure projects and provide relief to low-income groups and local entrepreneurs, said Governor of the Central Bank Ajith Nivard Cabraal at the post Budget press conference organised by KPMG Ford Rhode Thornton and Company.

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Budget a boost to producers

Chairman, Master Divers and Pelwatta Sugar and Mawbima Lanka Foundation Ariyaseela Wickramanayake welcomed the budget wholeheartedly saying that it is a great boost to local producers of sugar, milk and rice based products.

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