Government to make revelations during budget speech

Ravi KThe Government says it hopes to make some revelations during the budget speech on November 10.

Finance Minister Ravi Karunanayake said that the 2017 budget will ensure development of the country continues while past debts are paid off.

He said that during the presentation of the 2017 budget on November 10 several revelations related to the former Government will be made.

Speaking in Parliament today, the Minister said that several illegal deals had been made by the former Government and the current Government has to pay for the losses incurred from those deals.

Karunanayake said that when the next budged is presented to Parliament the Government will expose some of those deals.

He said the current Government has been able to reduce the cost of several projects as opposed to the cost the former Government had agreed to.

The Minister said the budget will also make clear how the Government hopes to develop the country while paying off past debts.

Karunanayake also said that the Government expects several investments from countries like China and India next year which will help boost the economy.

Also speaking in Parliament, Minister of Special Assignments, Dr. Sarath Amunugama said that the proposed trade agreements with China and India will result in more employment opportunities for the country’s youth.

He said that Sri Lanka’s economy is expected to improve over the next few years as a result of the measures to be put in place by the Government. (Colombo Gazette)