Sri Lanka to introduce a new economic plan next week

A new economic plan is to be introduced for Sri Lanka next week, the National Economic Council said.

The National Economic Council which met under the leadership of President Maithripala Sirisena decided to introduce the new economic plan with speedy management changes.

During the meeting, detailed discussions were held on the rapid changes required in the country and short term and long term programmes needed to be implemented and the decision to be taken to speed up economic development.

The National Economic Council was appointed by President Sirisena last year to take policy decisions for economic development.

Prime Minister Ranil Wickremesinghe, Ministers Sarath Amunugama, Nimal Siripala de Silva, Mangala Samaraweera, John Senevirathne, Sajith Premadasa, Rauff Hakeem, Malik Samarawickrama, Faizer Mustapha, Navin Dissanayake, Secretary to the President Austin Fernando, General Secretary of the National Economic Council Prof Lalith Samarakoon, Secretary to the Prime Minister Saman Ekanayake, Secretary to the Cabinet, Sumith Abeysinghe, Secretary to the Ministry of Finance. Dr. R.H.S Samaratunga, Secretary to the Ministry of National Policies and Economic Affairs – K. D.S. Ruwanchandra, Governor of the Central Bank Indrajit Coomaraswamy and others participated in this meeting.

President Maithripala Sirisena had said earlier that the economy was under severe strain over the past three years.

Sirisena said that he will look to bring down the cost of living and also protect local investors.

He urged local investors to put their money on Sri Lanka and not overseas and assured them his fullest support. (Colombo Gazette)

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