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* Sri Lankan government takes decisions for development, not for safeguarding power- President
Wed, May 28, 2014, 10:00 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 28, Colombo: Sri Lankan President Mahinda Rajapaksa said today that his government took decisions needed to develop the country and not to safeguard the power.

Addressing a ceremony held to launch the Annual Report - 2013 of the Ministry of Finance and Planning at the Academy of Financial Studies today, the President said that details of the government's programme had been presented to the country and government has nothing to hide in development.

Finance Secretary Dr. P.B. Jayasundera presented the report to the President who is also the Finance Minister.

The President said the government has decided on the journey they should traverse by building the Private Sector and strengthening the Public Sector.

Reminding that the present government started its journey with a country, battered by a devastating tsunami and a prolonged war, facing a bleak economy, the President said the aspiration of the Government was to create an environment for all communities to lead peaceful lives sans any impediments and to help them lead better lives with development in all sectors in the country.

Expressing his views Finance Secretary Dr. Jayasundera said that the per capita income last year was US$ 3300 and this year it is US$ 3600. He was optimistic that the President's target of US$ 4000 by the year 2016 could be reached next year.

Minister Basil Rajapaksa, Secretary to the President Lalith Weeratunga and Central Bank Governor Ajith Nivard Cabral were also present at the occasion.

(Photos by Udesh Gunarathna)

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