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L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.

Economists say the centralist oriented government budget will benefit the poor faster if the government can achieve the revenue targets. Economists say the centralist oriented government budget will benefit the poor faster if the government can achieve the revenue targets. Head of a local economic think tank Dr. Saman Kelegama told LBR the UPFA government was elected on a platform of interventionist policies since the trickle down effects of growth didn’t reach the poor.

Excerpts from the interview:-

LBR: What is your reaction to the budget?
Dr. Saman Kelegama: Development oriented pro-poor budget. The Finance Minister said soon after he assumed office that he wanted to convert the Inland Revenue Department from a department obsessed with fiscal targets to being an institute driving the development of the country.
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That is reflected in the budget. It is development oriented .The budget also indicates that the government believes in the twin engine of the growth- the public and the private sectors as engines of growth.
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LBR: What in your opinion are the critical factors that need to be

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