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Sri Lanka Equity Forum » Stock Market Talk » “I am willing to take up the ‘Treasury Secretary’ Position” – Sri Lankan Billionaire Dhammika Perera

“I am willing to take up the ‘Treasury Secretary’ Position” – Sri Lankan Billionaire Dhammika Perera

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SelvaKolla


Stock Analytic
Stock Analytic

News from: http://bizenglish.adaderana.lk/i-am-willing-to-take-up-the-treasury-secretary-position-sri-lankan-billionaire-dhammika-perera/
January, 16, 2019



Sri Lanka’s Billionaire Dhammika Perera - the Casino and Finance Mogul who has investments in three Casino Licenses, three Finance Companies, two licensed commercial banks and country’s two largest colonial era conglomerates - Hayleys and Singer recently revealed to Adaderana in a special interview that he is now willing to take up the country’s most influential position in the Government’s ‘Policy Maker’ level if invited – which is the ‘Position’ of Treasury Secretary to the Ministry of Finance.
Speaking to Adaderana, he pointed out that being a President of the country at present will give him initially a five year term that will only allow him to work for approximately 10,400 hours in total if he worked for 8 hours per day. He said that it will not give enough time for any politician to change the country within such a short time. Perera said only a policy maker position will be able to make changes to develop the country in 10,400 hours and thus he is willing to take up the ‘Policy Maker’ position than being the President in Sri Lanka.
"That's why I prefer policy maker position, than being a politician" he suggested.
“The position such as Treasury Secretary is a seat that has the ability to bring in all ministries together to one office. You only have to make and implement a policy that works for the country then. So if one decision is implemented within each hour after careful study, I can at least take 10,400 decisions and implement within a 5 year term, at the end of the day” Dhammika Perera pointed out.
“If I get a goal to achieve such a thing, I am keen and willing to accept Treasury Secretary post, and I will not consider it politically, but will take up the position” he stressed.
“And I am willing to accept the position of Treasury Secretary, under any government or president or political party” Perera affirmed.
"My colour is country, I have no choice for any specific colour or specific political parties. At any time, I'm ready for the country” he said speaking to Adaderana during the special interview.

During 2005-2014 government era under the Patronage of former President Mahinda Rajapaksa Billionaire Dhammika Perera has already served as the Chairman of the Board of Investment (BOI) of Sri Lanka and Secretary to the Ministry of Transport.
Meanwhile according to reports, very recently Sri Lanka’s President Maithripala Sirisena has informed the Secretaries to the Ministries that it is a must to act according to the circulars issued by the Secretary to the President when appointing Chairpersons and members to Boards of Directors of State Owned Enterprises (SOEs) including the statutory boards and public corporations. Accordingly the circular numbered PS/PCMD/19/2018 signed by the Secretary to the President has been issued on December 31, 2018. Furthermore, the President Maithripala Sirisena has taken steps to appoint a Committee to submit recommendations after inquiring the qualifications of the individuals to be appointed as Chairpersons or members to Director Boards of State enterprises.
- Reporting by Devendra Francis

Yahapalanaya

Yahapalanaya
Vice President - Equity Analytics
Vice President - Equity Analytics
He looks good leader.Let's make Dhammika perera as president for a term...Atleast he won't rob the country..

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
If UNP Can field Someone Like Dammika for Presidency with more young educated candidates for ministerial positions it will be very good.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

Yahapalanaya

Yahapalanaya
Vice President - Equity Analytics
Vice President - Equity Analytics
Dhammika Perera prescribes policy dose





Comments /  322 Views / Monday, 11 February 2019 00:51

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[size=17]
Vallibel One Group Chairman Dhammika Perera 
               -  Pic by ChamilaKarunaratne 
 
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  • Outlines his policy priorities
  • Says education should be core of national policy
  • Insists scaling up education essential for social development and economic growth
  • Suggests ministries and institutions should be locked in so Government cannot change them
  • Advocates adapting policies that have been successful in other countries

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By Uditha Jayasinghe

A data-based approach to policymaking was advocated by well-known businessman Dhammika Perera to rapidly expand Sri Lanka’s economic growth, with special emphasis on education.

Perera, speaking at an event organised by the National Intellectuals Organisation (NIO), last week gave detailed ideas of what should be included in a national policy, which could be implemented by the Government. 

Indicating how complex national policy making could be, Perera nonetheless recommended that education should be at the core of any policy document. NIO is planning to release a comprehensive national policy document later this month, which Perera noted should have a wide range of development goals on labour, employment creation, environmental management, entrepreneurship, exports and investment.

“Sri Lanka had the Nalanda University before the British had Oxford and Cambridge. At that time, we were far ahead of the British. Then the Nalanda University closed and no effort was made to establish another university. However, Oxford and Cambridge flourished and the British eventually became an empire that colonised us. Even today, when the world is at the cusp of huge technological advances, what is referred to as the Fourth Industrial Revolution, education is the most important thing. So if we want to develop Sri Lanka, we need to focus on education,” he said.

Extrapolating from data on Sri Lanka’s higher education system, Perera pointed out that a large number of students fail to get into State universities.  He stated that popular universities such as Sri Jayewardenepura University had the space to educate double the number of its current student population but resources were unavailable. 

Perera acknowledged the Government would have to funnel in a few billion initially to expand facilities but should then allow universities to generate income and expand to teach thousands of new students.

“Monash University and Sri Jayewardenepura have the same amount of space, but Monash educates thousands of students more than Sri Jayewardenepura. Why is this? We have to create a change in these institutions so they are able to educate far higher numbers of students. Facilities alone should not restrict their opportunities. If we wait on the Government to provide finances, we never move forward. Different thinking is needed.”

Education reform is crucial, Perera said, because it is closely tied to social development. With education the population can adapt to a changing economy and be more competitive to be stakeholders in a knowledge economy. The rapid advancement of -driven industries would give Sri Lanka an edge to improve exports and attract investment. It would also enable the population to adapt faster to new job opportunities.

“Sri Lanka has a labour market of about 8.2 million people. However, this number of employed people can change given different market conditions. According to the latest data, about 400,000 jobs have been lost in the Agriculture sector. This is largely because of drought where 400,000 jobs have transitioned out of agriculture. It may be that they found jobs in other sectors but such serious fluctuations should be avoided as it means that a large segment of the population is affected.”

Any national policy should have the ability to be relevant even five to 10 years from now, Perera said. Making the policy relevant to the average Sri Lankan is critical to getting stakeholder buy-in and push for implementation. Perera also suggested that the NIO should adopt policies that have been successful in other countries so that it has had real work testing.

“When someone comes to me with an idea, I ask them to tell me at least four countries where something similar has been implemented, because otherwise we just waste time figuring out whether it would work. One important thing the NIO should do is lock in the number of ministries that each government should have and ensure that even the institutions under those ministries are locked in and cannot be changed by different governments. Then this current discourse on how many ministers and what institutions they should have will all be resolved. This is how countries like Ireland, Singapore and Malaysia formulate policy.”

Having a stable State structure would allow for national policies to be implemented in a sustainable manner, he added.
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