By Shabiya Ali AhlamThe government has yet again failed to implement the vast majority of the budget promises, even with an ‘Implementation Unit’, which was supposed to have been established under the Finance and Mass Media Ministry, to specifically track the progress of the budget proposals and report on them. With only 8 percent of the promises made in the 2018 budget … [Read more...] about Budget promises lagging; state of FinMin’s ‘Implementation Unit’ unknown – Daily Mirror
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Budget promises lagging; state of ‘Implementation Unit’ unknown – Daily Mirror
National Budget Department says no such unit exists Progress reports of individual ministries lacking consistency Status of 26 percent of promises remains undisclosed By Shabiya Ali AhlamThe government has yet again failed to implement the vast majority of the budget promises, even with an ‘Implementation Unit’ which was supposed to have been established under the … [Read more...] about Budget promises lagging; state of ‘Implementation Unit’ unknown – Daily Mirror
India ranked 58th most competitive economy in WEF index, jumps 5 places from 2017
India has been ranked as the 58th most competitive economy on the World Economic Forum's global competitiveness index for 2018, which was topped by the US.India's rank rose by five places from 2017, the largest gain among G20 economies, the WEF said. On the list of 140 economies, the US is followed by … [Read more...] about India ranked 58th most competitive economy in WEF index, jumps 5 places from 2017
Lankan entrepreneurs lack crucial business skills to commercialise innovations: academic – Daily Mirror
By Nishel Fernando The Sri Lankan entrepreneurs lack crucial business skills to take new innovations to the market despite coming up with a large number of innovations and excelling in international competitions, a top academic pointed out. Moratuwa University’s Enterprise Centre for Innovation, Incubation and Entrepreneurship Director Dr. Thusitha Sugathapala said that Sri … [Read more...] about Lankan entrepreneurs lack crucial business skills to commercialise innovations: academic – Daily Mirror
World Bank forecasts 3.9% economic growth for Sri Lanka this year – Daily Mirror
The World Bank expects Sri Lanka economy to grow 3.9 percent this year and 4 percent in next two years, recovering from the weather disruptions, which negatively affected agriculture, last year.Sri Lanka recorded growth of 3.3 percent in 2017, the slowest in growth rate in 16 years. According to Sri Lanka’s Census and Statistics Department, the economy grew 3.6 percent in … [Read more...] about World Bank forecasts 3.9% economic growth for Sri Lanka this year – Daily Mirror