Sri Lanka set for populist budget ahead of snap polls

Veteran Sri Lankan President Mahinda Rajapakse is expected to unveil a populist budget on Friday hoping to shore up sagging electoral support ahead of a troubled bid to win a third term. Rajapakse, who is also finance minister, has advanced the budget for 2015 by a month to give his govt more time to implement widely predicted tax cuts and public sector pay rises ahead of snap elections in January. Read More
gossip lanka