Business Times

Most Sri Lankans say lives not impacted by budget-poll

Most people in a joint poll by the Business Times and the Colombo-based Research Consultancy Bureau (RCB) say this week’s Budget (2012) hasn’t improved their life, their family income while the response was mixed to the issue of whether the life of the average Sri Lankan has improved.

On the impact for companies, many respondents (polled through email) said their bottom line hasn’t improved; the taxation proposals weren’t good and the business environment hasn’t improved.
While the Business Times sought the views of a cross section of the population including many from the private sector including top chairmen and CEOs, RCB conducted people-on-the-street interviews with the total number of repondents being close to 850. Results of the poll are shown in the graphic.
Respondents were asked, as an individual; has it (budget) improved your life?, has it enhanced your family income? and has it improved the life of the average Sri Lankan?

Over 50 % said there had been no improvement in their life while the response was mixed when it came to whether the life of the average Sri Lankan improved. Respondents were also asked how it impacted on companies with the questions: Has it improved your bottom line?, are the taxation proposals good?, and will it lead to an improved business environment?

More than 80 % said it hasn’t improved their company’s bottom line, while 75 % were not happy with the tax proposals. The third question drew a similar response with 75 % saying NO and 8.3 % saying YES.


Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
Cold war between Treasury, Central Bank
Arbitrary tender cancellation delays Sri Lanka’s crude oil importation
Overall budget analysis for listed firms good : Analysts
Inconsistencies in land take-over law
Most Sri Lankans say lives not impacted by budget-poll
Understanding Budgets
Comment - Bits and pieces budget, doublespeak
Coconut oil is good for you after all!
Sri Lanka Design Festival ends on successful note
Sri Lanka reaches750,000 tourists level this week
Women are better judges than men in assessing emotions
Good response to little Pradeep’s plea to become a banker
Highlights/analysis of the budget
Budget ignores workers in the productive economy : CFL
Budget proposal to reclaim 37, 000 hectares of plantations not sending right signals
No IMF pressure on the 2012 budget : Minister Amunugama
Govt. to tackle fiscal deficit without compromising public investment : PBJ
Provincial class budget, inward look
Fixed broadband not enough for SL, mobile needed : Etisalat CEO
Lucky Lanka Milk founder wins Entrepreneur of the Year award
Japanese Peace Envoy Akashi here for Southern expressway opening
Sri Lanka Asia Asset Finance to raise over Rs.425 mln thro’ IPO
Factors impacting oil prices
LOLC Factors launches Gold Cheque Financing for SMEs in the North
Entrust Securities, Sri Lanka’s first ever licensed Non Bank Primary Dealer, to start trading on Tuesday
Nestle eyeing new segments in SL
Allianz Lanka launches new ‘Medi Care’ product
Janak Hirdaramani – pioneer in the apparel industry
Lanka IOC Chairman on working visit to Colombo
SMB Leasing PLC moves to new office
Three-pronged approach in BT-RCB budget poll
UAE minister says Sri Lanka has a lot of potential
Worrying developments and threat to academic autonomy in Sri Lanka universities
State enterprises should not be privatised: Top global economist
Social impact bonds mooted to help thousands of entrepreneurs
20 % of world’s richest take large slice of global resources
Higher costs, lower margins for telcos in 2012: Fitch
Lanka Ventures looks to Bangladesh, East Africa for power generation
Focus on increasing export competitiveness
Ageing bank directors seek divine intervention to stay in office
Massacre of the rich and the innocents

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution