20-11-2015 19:47 via news.yahoo.com

Sri Lanka govt unveils foreigner-friendly first budget

Sri Lanka's new government Friday used its first full budget to lift taxes on foreign investors and vowed to reverse "isolationist" policies of the former regime, which faced international censure over its human rights record. Finance Minister Ravi Karunanayake said the previous administration of strongman Mahinda Rajapakse had left Sri Lanka "on the brink" of receiving Western sanctions by refusing to address rights issues. "The foreign policy of Sri Lanka was blemished and we were on the brink
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