Sri Lanka’s future plans should be formulated up to 2050. These future plans should be chalked out after comparing with the improvements of the present day within the country. These observations have been made by the President.
The President was speaking at a ceremony organized for the presentation of the Annual Report of the Central Bank of Sri Lanka. The Central Bank should submit its annual report to the Finance Minister within four months after the completion of every Financial Year as per Clause 35 of the Monetary Law Act. Accordingly, Central Bank Governor Ajith Nivard Cabral presented the 64th Annual Report of the Bank today. As the State Leader as well as Minister of Finance and Planning the President accepted the Annual Report after arriving at the Central Bank in the year 2007 for the first time. This year he arrived at the Central Bank for the eighth occasion. After handing over the Report to the President, it was also presented to Senior Minister Dr. Sarath Amunugama, Minister Basil Rajapaksa, President’s Secretary Lalith Weeratunge, Prime Minister’s Secretary S. Amarasekara and Finance Secretary Dr. P.B. Jayasundera.
Thereafter addressing the gathering, President Rajapaksa recalled of a period in which a minus economy was much talked about. But on stages he said they referred to bringing the economy to three percent. It has now been increased to around seven percent. The President opined that this too is insufficient. The support of everyone is necessary for this effort.
The President said he believed in political stability. The society was in a fear psychosis for a period of 30 years. It has been eliminated. Thereafter the country is witnessing development. As the Government created an environment for the nation to live peacefully, freedom prevails to engage in any business. Facilities have been equally spread throughout the country. He said that they should not think today of 2020. It is possible to maintain this stability up to 2030 or 2050. The results of development are now being clearly witnessed.
The President said that it is the responsibility of everyone to safeguard this development and further upgrade it. He mentioned that they could provide political stability. The political policy is not a secret. Officials have been given the freedom to engage in their duties. New markets could be created. But the onus lies on the private entrepreneur to invade the market. The President emphasized that the Banks should also be geared in this respect. There are criticisms levelled against the Government. They talks about Arab Springs and getting on to the streets. He said that Governments should be toppled. The people will give way for it, if it is not good. But the President underscored that they could not leave room to forcibly overthrow the Government.
Many Senior Officials of the Central Bank and Scholars were present on the occasion.
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