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Stimulus
is still
- Private
sector expresses concern over delay
-
Govt. says implementation by the end of this month
By
Uditha Jayasinghe
Amidst criticism that the states much hyped
Rs. 16 billion stimulus package is yet to see the light of
day since its announcement three weeks ago, the Government
yesterday assured it will be rolled out by next week.
Admitting that the process was taking an extended period of
time, Consumer Affairs Minister Bandula Gunewardene pointed
out that this was unavoidable, as the separate sections of
the relief package had to be ironed out among different government
and private bodies.
Nonetheless, the Government plans to conclude discussions
and implement the relief measures detailed in the package
by January 31.
The Governments statement comes in the wake of economists
and industry leaders expressing concern and reservations over
the stimulus package as well as suggesting more concrete measures.
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