The Sunday Times Sri Lanka

Business Times

2011 budget preparation underway, 6.6% deficit seen

With the budget deficit projected at 6.6 % of GDP in 2011 from projected 9.9% in 2010, preliminary work on the preparation of the 2011 annual budget estimates is now underway. Letters have already been sent by Treasury Secretary Dr. P.B. Jayasundara to all Secretaries to the Ministries, Chief Secretaries of the Provincial Councils, Heads of Departments, Chairmen of Statutory Boards and Institutions, requsting them to submit their estimates and proposals for 2011.

Now there’s peace, Coffee anyone?

Taking a walk through the newly opened coffee house at the World Trade Centre (WTC) –-- Coffee Bean and Tea Leaf -- eyeing its bagels and cappuccinos and some other goodies with unpronounceable names, the first impression one gets is that Sri Lankans seem to be fast developing their posh tastes and the second is that WTC is back in action which means it’s no more a High Security Zone (HSZ). This is when the idea of peace really sets in.

Other Business Times Articles

	2011 budget preparation underway, 6.6% deficit seen
	Now there’s peace, Coffee anyone?
	World leaders discuss jobs crisis in Oslo
	SEC goes after manipulators
	Lanka Tiles to get Walltile’s machinery
	Bankers welcome minimum capital hike by regulator
	Shell Gas to be state-owned but managed privately
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	Comment - Business of democracy in Sri Lanka
	Feature - Sri Lankan exports need a major makeover – urgently!
	Feature - Sri Lanka Tourism –Exploring new options
	Sampath Bank opens Keselwatte branch
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	Jaffna Open Forum takes off, looks at development in the North
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