Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka President to take over economic management
Sat, Jan 20, 2018, 10:48 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 20, Colombo: Sri Lanka President Maithripala Sirisena Saturday announced that he will take responsibility of economic management in order to reduce cost of living burden of the people. He made this announcement at a public meeting in Kegalle this afternoon.

The President said he appointed the National Economic Council three months ago to fulfill this objective.

Addressing the meeting, the President said measures will be taken to grant relief to the general public by carrying forward the country's economy.

He pointed out that there are problems regarding the country's economy with the huge debt burden and another burden is cost of living.

He said the UNP was allowed to manage the economy according to their choice for the past three years. However, today people have serious economic problems. Therefore, three months ago he appointed the National Economic Council for economic management under his leadership, the President said.

President Sirisena said he will take charge of the economic management council form this year and requested the local industrialists and investors join hands with his program to lessen cost of living burden of the people. The President assured that local industries and local investments will be protected.

The President said he will take responsibility to strengthen the national economy.

Speaking about the Central Bank bond issue, the President said the Commission report clearly states who are responsible for the theft and the people are also aware of who were responsible for the 'bank robbery'.

The President said he would not hesitate to give punishment to the culprits of the great robbery which has taken place from 2008 to 2015.

The President said his aim is to build a country without fraud and corruption regardless of party differences and sought cooperation of all citizens for the endeavor.

 

ColomboPage - Recent 10 Stories ::
Car-lorry collision kills six people in Sri Lanka
-- [2 hours ago]
Public Health Inspectors to launch token strike on Monday
-- [3 hours ago]
Police arrest 21 youths with drugs on pilgrimage to Sri Pada
-- [3 hours ago]
Sri Lanka Navy arrests four illegal immigrants attempted to enter the country from northern sea
-- [3 hours ago]
Sri Lanka's oDoc wins Rs. 42 million grant from the GSMA Ecosystem Accelerator Innovation Fund
-- [4 hours ago]
Sri Lanka co-operatives enter national rice supply chain
-- [5 hours ago]
Sri Lanka PM stresses new Constitution will protect unitary status of the country
Finance Ministry and the Central Bank faced a serious financial crisis after October 26 - CB Governor
Central Province Governor apologizes to media for not allowing to cover event
Sri Lanka Central Bank warns of malicious phishing attempt impersonating the bank

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.