World media hail budget

Shirajiv SIRIMANE

The 2011 budget has been identified by the international media as one of the best budgets presented in two decades they have hailed it as a development oriented budget.

They have stated that President Mahinda Rajapaksa has given clear leadership to the economic development of the country from this budget and have also given the benefits of the war to the people.

The Wall Street Journal published in USA after an in-depth analysis has stated that the budget has been presented in such a manner that it would bring benefits to the people while driving the economy forward in an aggressive manner.

The budget presented by the President after ending the war and taking oaths for the second term will enable people to reap the benefits of peace.

The Reuters stated that the budget aims to reduce its fiscal deficit to a 19-year low of 6.8 percent.

The BBC meanwhile has acknowledged that the 2011 budget has been successfully presented with an aim to secure economic goals through tax reforms.

Economic analysts based in USA after reviewing the 2011 budget has pointed out that this is the most transparent budget that was present in the Asian continent. This positive sentiment was witnessed during the past three years, they said.

The accolades provided by international media are a mirror of the country is being led to economic prosperity and taking the country towards being the wonder of Asia.