UNP leader Ranil Wickremesinghe says the current crisis will continue for 5 years

Date:

United National Party (UNP) leader and former Prime Minister Ranil Wickremesinghe fears the current crisis will continue for 5 years.

Speaking at the All Party Conference heldon Wednesday 23 , Wickremesinghe said that the two issues Sri Lanka is facing are to stabilize the economy in the next 2 years and to consolidate economic recovery.

“The reversal of economic policies has shaken the confidence between both the foreign and local investors.

This has resulted in many of our youth leaving the country. The only way to reverse the damage is if there is a consensus regarding the principles in relation to the country’s economic policy. Political parties must operate within this framework,” he said.

He said that the parties in Parliament must reach a national consensus on the short-term, medium term, and long-term policies for the country.

“This must be an open dialogue, where the Government should take the lead while the Opposition must be ready to respond.

To date we have not seen any transparency or commitment from the Government. They have failed to provide us with the relevant data nor have the tabled the full IMF report in Parliament,” Wickremesinghe said.

Wickremesinghe also said that the Central Bank and the Ministry of Finance must adhere to a single strategy and speak publicly in one voice

Share post:

spot_imgspot_img

Popular

More like this
Related

Browns EV Unveils BAW M8 MPV, Bringing Long-Range Electric Mobility to Sri Lanka

February 02, Colombo (LNW): Browns EV, the electric mobility...

Court Orders Analysis of Rs. 3bn Drug Cache Seized at Sea

Court Orders Analysis of Rs. 3bn Drug Cache Seized at Sea

Balangoda Kassapa Thero Remanded Over Disputed Buddha Statue Erected in Trincomalee Coastal Area

Balangoda Kassapa Thero Remanded Over Disputed Buddha Statue Erected in Trincomalee Coastal Area

US Embassy in Colombo Scales Back Social Media Updates Amid Federal Funding Impasse

US Embassy in Colombo Scales Back Social Media Updates Amid Federal Funding Impasse