President, Ranil Wickremesinghe, addressing the centenary celebration of the Government Valuation Department held at Solis Hotel in Pitakotte today (06), announced the initiation of a ground-breaking economic program set to kick off on January 1.

The President said that adopting new economic reforms was imperative and reiterated that the nation cannot afford to persist with out-dated systems. He highlighted that the hardships endured over the past years should not be passed down to the next generation, asserting that the only viable course of action is to embrace the proposed economic changes.

Reflecting on the recent economic challenges, President Wickremesinghe acknowledged the concerted efforts that rescued the country from financial distress over the past 18 months and commended the heads of public institutions and the workforce for their dedication. He cautioned against complacency, warning that without prudent management of the current economic stability, the nation might face another crisis within the next decade. The President advocated for a shift towards a digital economy, citing the necessity of employing modern economic methodologies.

The event was attended by, State Minister for Finance Ranjith Siyambalapitiya, State Minister for Mass Media Shanta Bandara, Chief Government Valuer Pushpa Muthukumarana, Post Master General Ruwan Satkumara and employees of the Government Valuation Department.