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Sri Lanka Equity Forum » Stock Market Talk » Budget inspiration for private sector

Budget inspiration for private sector

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1 Budget inspiration for private sector on Sun Oct 02, 2016 6:52 am

Garayaka


Stock Analytic
Stock Analytic
Post-Budget the local business community should, “unzip their wallets” for investment and, “loosen their animal spirits” to drive forward growth, said Central Bank Governor Dr. Indrajit Coomaraswamy, acknowledging Sri Lanka would have to depend strongly on private sector investment in the next two years for growth. - See more at: http://www.ft.lk/article/571043/Budget-inspiration-for-private-sector#sthash.kgyqHKBT.dpuf

2 Re: Budget inspiration for private sector on Sun Oct 02, 2016 7:12 am

Garayaka


Stock Analytic
Stock Analytic
If everything goes well, we might be heading for a economic boom.

3 Re: Budget inspiration for private sector on Sun Oct 02, 2016 9:58 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Motivated private sector from new budget proposals definitely would contribute for country's economic growth. Setting up proper business environment is vital of importance strengthened by regulatory framework.
Moreover, joint ventures with overseas investors are must introducing new technology, training, operations & transfer of business at the end of leasing period. Many countries in east Asia were capable of developing their economies in this manner.

4 Re: Budget inspiration for private sector on Sun Oct 02, 2016 4:05 pm

EquityChamp

avatar
Moderator
Agree but the proposals and policies have to be CLEAR and STABLE. Must not be temporary and changing here and there. Clear policies and decisions are essential at macro level since any business plan must be built on that platform. Unfortunately this has not been the case for the year 2016 so far.

5 Re: Budget inspiration for private sector on Sun Oct 02, 2016 4:12 pm

Garayaka


Stock Analytic
Stock Analytic
Agree EC. further This push should happen irrelevant to political party mindset.

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