SJB Member of Parliament Dr. Harsha de Silva has welcomed the recent upgrade in Sri Lanka’s credit ratings by international agencies, stating it as a positive development for both the Government and the country.
Speaking at the SJB office in Colombo yesterday, Dr. de Silva highlighted the detrimental impact of previous credit rating downgrades on foreign direct investments (FDI). “The downgrading of Sri Lanka’s credit ratings adversely affected FDI. I hope that this upgrade will help boost foreign investments in the future,” he remarked.
The Parliamentarian also pointed out that the current Government has maintained the economic policies of the previous administration. He attributed the improved credit ratings to this policy continuity, underscoring its importance in fostering economic stability and growth.
