Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» For Miss Sangeetha
by anges Today at 5:03 pm

» Tea prices up and up.Plantation shares down and down!
by fortuneteller Today at 1:16 pm

» coco.x share
by lakmal87 Fri Dec 15, 2017 10:45 pm

» නොමිළේම ඩොලර් (free $ 5 ) tokens
by cseguide Fri Dec 15, 2017 7:58 pm

» S&P upgrades DFCC Bank’s rating outlook from Negative to Stable
by TraderCSE Fri Dec 15, 2017 9:23 am

» CFVF will HIT. 40 BY Next. Thursday
by Yahapalanaya Thu Dec 14, 2017 10:50 pm

» Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
by Miss-Sangeetha Thu Dec 14, 2017 8:39 pm

» best stocks to buy now
by Ryan Hudson Wed Dec 13, 2017 9:23 pm

» Current situation of the Adam group of companies
by anges Wed Dec 13, 2017 5:36 pm

» Avoid investing in Abans Group company shares
by fortuneteller Wed Dec 13, 2017 9:11 am

» People's Leasing Company
by prasa2004 Tue Dec 12, 2017 6:51 pm

» SDB - AN IMPRESSIVE PERFORMANCE
by prasa2004 Tue Dec 12, 2017 5:43 pm

» Beware of banking stocks
by prasa2004 Tue Dec 12, 2017 5:40 pm

» CEYLON COLD STORES PLC(CCS.N0000)
by Agape Tue Dec 12, 2017 2:49 pm

» Lanka Cement
by sureshot Tue Dec 12, 2017 11:09 am

» Roshan Egodage's Money Grabbing
by Investor1994 Mon Dec 11, 2017 7:10 pm

» CIFL ANY NEWS
by Gambino7 Mon Dec 11, 2017 12:13 pm

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Sun Dec 10, 2017 6:43 pm

» BFN .. ORIENT FINANCE PLC
by Teller Fri Dec 08, 2017 10:52 pm

» Sri Lanka Exports up 12.9-pct in Sept
by Teller Fri Dec 08, 2017 10:38 am

» DECEMBER DISCOUNT
by Teller Fri Dec 08, 2017 10:30 am

» LLMP - New Strategic Marketing >>> Boooom
by Teller Fri Dec 08, 2017 10:27 am

» Why LLUB.N0000 going down ?
by Teller Fri Dec 08, 2017 10:20 am

» LDEV rights
by Teller Fri Dec 08, 2017 10:16 am

» SAMP Rights Issue
by niru Thu Dec 07, 2017 8:04 pm

HashFlare

You are not connected. Please login or register

Sri Lanka Equity Forum » Political and Socio-Economic Analysis » Ranil for real growth, reforms

Ranil for real growth, reforms

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Ranil for real growth, reforms on Fri Nov 06, 2015 10:20 am

Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Prime Minister Ranil Wickremesinghe yesterday spelled out his economic policy priorities, as he unveiled the Government’s socio-economic program to make Sri Lanka a vibrant and successful global citizen. 
The much awaited, comprehensive outline of future direction of the country was made in Parliament by the Premier in his Economic Policy Statement ahead of the unity Government’s maiden Budget for next year on 20th November.
The speech which received widespread applause within Parliament signalled that the Sirisena-Wickremesinghe unity Government means business or wants to get down to business post-Budget. This position of strength comes from the overwhelming mandate received on 8 January and reinforced on 17 August and after having restored Sri Lanka’s image internationally especially with regard to sincerity and commitment on post-war reconciliation.
The visionary economic policy statement found favour with a majority of MPs and those who believe Sri Lanka can get its economic policy right going forward. Initial response from the private sector and other stakeholders was one of confidence and hope. However such a bold vision would require strong leadership, political stability and a competent team to deliver, which most analysts confirm will be the key challenge.
Having succinctly recapped historic and recent ills of the country and political and economic policies, Premier Wickremesinghe’s presentation focused largely on the way forward, a journey he said would require revolutionary thinking, bold policies and initiatives to transform into a vibrant and prosperous nation.
“From 8 January onwards, we have been able to lift the people of this country up from their economic woes,” said Premier Wickremesinghe.

“The boasts of the previous Government about the increase in individual income levels was simply not true. Let us learn the lessons from the past. We will celebrate 75 years of independence in the year 2023. If we walk the right path, we have the potential to become one of the strongest economies of Asia. So let us seize the opportunity – let us rise higher towards our goal,” said Wickremesinghe.
“I would like to point out that all signs that assure us we are on the right track are here,” he said after listing a series of policy measures.
Wickremesinghe said that the economy that the unity Government plans to build must yield results for all. “An economy that will promote the benefits of development among all. An economy that will be friendly to all, beneficial to all. An economy that will pave the way for sustainable development,” he said.
“What we are hoping for is a lawful economic environment that will set the stage for sustainable development. We will incorporate a sustainable development entity that will provide the necessary framework and initiate the needed mechanisms,” said the Premier.
“The third generation of economic reforms envisioned by us as indicated here, is based on multifaceted economic mechanisms and the increase in trade development. Many qualified people prefer well-paying jobs that are given based on professional capabilities. It is not viable to maintain a low paying production based economy,” he added.
In summing up the Prime Minister said “We need to make sure the golden era of prosperity that Sri Lanka had during the period from Manawamma to Maha Parakramabahu dawns again. We must enter the right path for this to happen, with accountability, patience and commitment. Only then can we create a better country for our future generations and lift our country to the rightful place it deserves.”
“This is why we need to make use of this opportunity. It is a collective responsibility for us all. I invite all of you to join hands with us and bear responsibility in making this vision a reality.”

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum