What Is Fundamentally Wrong With The 2014 Budget?
by Laksiri Fernando 
( November 29, 2013, Sydney, Sri Lanka Guardian) The economic fundamentals overtly appear strong in the 2014 budget with the objectives of reducing the debt rate, budgetary deficit and sustaining a reasonable growth rate. That is when we look at the budget from a conventional economic point of view or a ‘bourgeoisie’ stand point, to be more precise. But what is the point of a budget in a developing country like Sri Lanka if it doesn’t address the key challenges in the socio-political system, not to speak of any socialist or progressive objectives?
This article focuses on the budget’s implications on the provincial council system or the country’s fiscal devolution.
