- A realistic exchange rate that contributes to building reserves; and ends the current multiple exchange rates that incentivise the expansion of the black economy
- Continuation of the CBSL’s shift to a more market-oriented monetary policy
- A medium-term fiscal consolidation programme which sets out a clear path to debt sustainability, including by improving the primary balance through a widening of the tax base, improving tax administration, rationalising public expenditure in accordance with a clear set of national priorities, and adopting transparent fiscal rules by strengthening the Fiscal Management Responsibility Act
- Reform of the present highly inefficient subsidies, which disproportionately benefit the non-poor, with a well-designed and targeted system of cash transfers supported by a digital identity card
- Full-cost pricing of fuel and energy based on transparent and predictable formulas
- Further progress in commercialising SOEs, including implementation of the Statements of Intent prepared by the large ones
- Consider all options to reverse the burden SriLankan Airlines inflicts on state bank balance sheets and the Government budget
- Strengthen the operational independence of key institutions, including the CBSL
Urgent reforms necessary to resuscitate the economy
02 Feb 2022
Urgent reforms necessary to resuscitate the economy
02 Feb 2022
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!