Sri Lankan President hopeful of ‘rectifying’ past mistakes and surpassing IMF goals

18-May-2023
President Ranil Wickremesinghe, during a meeting with Ministry Secretaries and Provincial Chief Secretaries, expressed confidence that the proper implementation of the government’s policy program would lead to economic prosperity surpassing the goals set by the International Monetary Fund.

President Ranil Wickremesinghe, during a meeting with Ministry Secretaries and Provincial Chief Secretaries, expressed confidence that the proper implementation of the government’s policy program would lead to economic prosperity surpassing the goals set by the International Monetary Fund.

He stressed the need for collective effort to address the concerns raised by the youth regarding the country’s economy and their future.

The President emphasized the importance of restructuring state-owned companies to ensure a prosperous economy and urged ministry secretaries to support the government’s policy program rather than protecting companies under their jurisdictions.

He also highlighted the forthcoming regulations on capital expenditure and projects of Provincial Councils, with decisions on power distribution at the local level expected within the next few months.