Sri Lanka Economy is in the same situation as New Zealand in 80s!

ibnanv

Well-known member
  • Jun 27, 2009
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    Sri Lanka should embrace free market economics fully not half heartedly. Sri Lanka should keep helping the poor through samurdhi. Do not give any subsidy to anyone.Government is to make policy not to run Business. Make Investment Authority of technocrats to run Businesses. Lower Taxes , people truely likely to pay taxes when it is lower, and simpler without more types of taxes. Stop charging Stamp duty on Asset value, charge Fee for registration similar to UAE,you will end up with more revenue since people are less likely to stay in the same place for too long. Sales of properties would rise. So will the Economy pick up. Let the schools and university be managed by parents appointed management board. Charge no Duty or VAT on things tourists buy in Sri Lanka.

    We need a lean and strong Government not Big Fat Bureaucratic Government. Public and Private sector employee , Non Resident Sri Lankans should be treated in the same in Importation of Vehicles to this country.
     
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