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Sally berates govt’s failure to come up with credible economic plan | Daily News

Sally berates govt’s failure to come up with credible economic plan | Daily News: Top economist and Singapore’s European Centre for International Political Economy Director Dr. Razeen Sally berated the government’s failure to come up with a credible economic plan to address issues in taxation, expenditure and foreign trade.

He also said improving the domestic business climate, attracting multinationals with global value chains was also lacking at the moment.

“On the economic front, little has changed since the regime changed last year with two landmark elections. The macroeconomic policies have always been a problem since independence, and it was so under the Rajapaksa regime and that has continued to be the case with two very bad budgets last year.The government has still not been able to get a hold on public finances or on the tax expenditure side,” Sally said.
Sally berates govt’s failure to come up with credible economic plan | Daily NewsSocialTwist Tell-a-Friend

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