digital commerce Archives — LIRNEasia


The Prime Minister of Sri Lanka is in charge of national policies and economic affairs. The Minister of Finance is in charge of finance, the money the government raises and the money it spends. As a result, the Prime Minister presents an economic policy statement before the budget is read. So it was with some surprise that I saw many policy proposals that did not have direct revenue/expenditure implications in the 2017 Budget, such as extension of the duration of visas issued to spouses of Sri Lankan citizens. The digital commerce proposal is also a policy proposal, but given the objective of ensuring the collection of relevant taxes, one could see a rationale for it being in the Budget Speech.