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No Solution to Economic woos without trimming Mega State

Sri Lanka should improve climate for export FDI's, trim mega state, free trade: Advocata | Economynext: Advocata Institute, a Colombo-based thin tank, is proposing lower trade taxes and trimming public sector expenditure in its recommendations for Budget 2017 presented to the Ministry of Finance and Planning

Advocata says protectionism and import substitution does not produce strong growth but trade should be liberalized emphasis should be placed on creating a safe investment climate so that export oriented foreign investment will flow in.

Advocata say state enterprises which a drag on the economy and the weight of a 'mega state' should also be taken off the back of the people.

The full statement is reproduced below
No Solution to Economic woos without trimming Mega StateSocialTwist Tell-a-Friend

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