Economic indicators stable – Finance Minister
The country’s basic economic indicators are currently stable even in the midst of terrorist attacks, Finance Minister Mangala Samaraweera told parliament yesterday.
Commencing the debate on the Foreign Exchange Act he said economic stability was established in the country after 2015. “The country earned international recognition as a civilised and democratic nation during this short spell. Through that, we were able to take the country on a formal developmental track,” the Minister said.
However, he said that the country faced two obstacles in its developmental stride.
One was a severe drought and the massive flood in 2018 and the other was the October 26th constitutional conspiracy.
“During the 51 day political conspiracy, the country was destabilised and it was a death blow to the economy. But our judiciary gave a very neutral verdict. Just when we were recovering from that blow, the April 21 terror attacks happened destabilising the country further. Just as the April 21 terrorists had no concern for the country, the October 26th political terrorists too had no concern for the country. They acted with extreme greed, but the people stood up against them and defeated their sinister plans,” the Finance Minister said.
(Source: Daily News – By Camelia Nathaniel Sandasen Marasinghe and Amali Mallawarachchi)
Latest Headlines in Sri Lanka
- Sri Lanka Defence Secretary graces 53rd Bangladesh Armed Forces Day November 26, 2024
- MP Ramanathan Archchuna faces arrest warrant over 2021 traffic incident November 26, 2024
- Court orders Arjuna Mahendran to appear over 2015 treasury bond case November 26, 2024
- Sri Lanka to present 2025 Budget on January 9, 2025 November 26, 2024
- Sri Lanka Government issues gazette on ministries’ subjects and responsibilities November 26, 2024
Tourism earnings is virtually dead due to this brain-dead’s so called Govt. of Sri Lanka’s bungling of national security, for which this brain-dead is also 100% responsible as he was personally ridiculing as bigots and hate-mongers anyone who dared to sound alarm over the rising Wahabism-Islamic extremism in the country (e.g. Wijedasa Rajapakse, Ven. Gnanasara thero) and now he has audacity to say country’s basic economic indicators are stable, as if we are also brain-dead to believe him! We will see more desperate attempts like this I am sure from him and the likes of him in this present regime as they know their chance of getting re-elected is as good as tomoorrow the sun will rise from the west!
How can economic indicator be stable I who had worked in DGEU and the CEB for a total of 21 years and left the CEB for employment abroad and came back to my country to do what I can do for my country now at the age of 88 find most of the politicians except the Prime Minister and the speaker do not accept the the detailed proposal made my me that by burning coal just as all countries have done can a country become rich , which in Sri Lanka’s case should be 6 months and the biggest culprit is President Sirisena for the years he has been President by his avoidance of coal fuel electricity he has loss to us the people who are Supreme a loss of a trillion and a half Rs. and Partali Ranawake is also one of them