President tells G7 Sri Lanka lacks finances for extensive development

MaithripalaPresident Maithripala Sirisena says Sri Lanka lacks finances for extensive development efforts and so he called on developed nations’ and multilateral and bi-lateral investors to invest in Sri Lanka.

The President said this while addressing the G 7 Outreach Summit today in Ise-Shima in Japan.

The President said that Japan’s formal announcement that G7 will explore what is needed to sustain the well-being of Asia to steer economic growth, highlights the relevance of Sri Lanka being here. “It endorses Prime Minister Abe’s reasoning for selecting us.”

Addressing the G 7 Outreach Summit the President said that with a revolutionary change of governance, his Government has succeeded in creating the path for viable development environment and for reconciliation in a multi-faceted society. Now, the people are free and respect human rights.

He described to the leaders of the world’s most affluent nations the steps taken since the national Unity Government was established to strengthen democracy, rule of law and good governance.

“With a revolutionary change of governance, my Government has succeeded in creating the path for viable development environment and for reconciliation in a multi-faceted society. Now, the people are free and respect human rights. I am aware how G7 countries have appreciated the change we created. This change was endorsed by the people in January and August 2015 in two elections. It exhibited peoples’ opposition to abuse, corruption, and many such ills, which are detrimental to stability and prosperity,” he said.

The President also said that as a demonstration of his commitment to transparency, accountability and the rule of law, and his firm determination to wipe out corruption, he established a Special Presidential Task Force to investigate Stolen Government Assets, and appointed a Commission to Investigate Allegations of Bribery and Corruption and established a Special Division within the Police to investigate major financial crimes.

“Corruption and discrimination were factors that promoted political violence, withdrew investments and created an unstable economy. Therefore, our actions will instill stability and prosperity. In addition to disengaging executive powers, I re-established the Independent Commissions such as for the Public Service, Human Rights, Police, Elections, Delimitation and Finance. To focus on reconciliation, as I mentioned at the UN General Assembly, we move forward to establish mechanisms for Truth Seeking, Justice Seeking, Reparation and actions for non-recurrence, based on extensive consultation with all sections,” he added.

The President also paid tribute to the people of Japan and the Government of japan for the assistance they provided during the last few decades to enhance the economy of Sri Lanka and to bring peace to at the time of war. (Colombo Gazette)

1 COMMENT

  1. President’s request need to be consider by G7 nations of rich club .
    Well the people of all Sri Lankan are awaiting response from G7 ?

LEAVE A REPLY

Please enter your comment!
Please enter your name here