Connect with us

Latest News

Working Together with the people is crucial for steering the nation towards gradual economic transformation – President

Published

on

Achieving economic success alone is not sufficient for a nation’s development, President Anura Kumara Disanayake emphasized today (04), highlighting that economic progress must be accompanied by social development and a transformation in political culture.

The President made these remarks during a discussion held at the Ministry of Finance with senior officials of the Treasury.

He stated that countries such as China, South Korea and Vietnam achieved significant economic transformation through decades of collective effort alongside the people.

The President emphasized that the responsibility of developing a country rests with individuals collectively and that everyone must work together in a united effort to achieve national goals.

President Disanayake stressed that as a political leader, he does not intend to impose his views on officials but rather reach necessary decisions through structured dialogue between experts in the public service and political leadership. He recalled that several past projects in Sri Lanka had failed due to arbitrary political interference.

The President instructed Treasury officials to implement structural reforms in key institutions based on core government policy, while maintaining strategically important sectors under state oversight. He urged the officials to act swiftly in this regard.

He also drew attention to key external factors likely to impact Sri Lanka’s economy, including the International Monetary Fund’s Extended Fund Facility programme, newly imposed tariffs from the United States, and the upcoming expiration of the GSP+ concessions in 2027.

Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Deputy Minister of Finance and Planning Harshana Suriyapperuma, Secretary to the Finance Ministry Mahinda Siriwardana and several senior Treasury officials were present at the discussion.

(PMD)



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

New National Action Plan for Human-Elephant Conflict Management to be drafted

Published

on

By

In the recent past, factors such as population growth, expansion of development activities, and deforestation in Sri Lanka have resulted in the loss of traditional migratory routes and the destruction of habitats of wild elephants.

Consequently, a continuous and rapid escalation of the human-elephant conflict has been observed over a long period, spanning 19 out of the 25 districts and 134 out of the 341 Divisional Secretariat Divisions in the country.

According to the wild elephant census conducted in 2024, the wild elephant population in the country is estimated to be approximately 7,450. It is reported that the human-elephant
conflict accounts for a significant number of human fatalities and wild elephant deaths annually.

Furthermore, over a thousand incidents of property damage caused by wild elephants are recorded each year.

Although a ‘National Action Plan to Mitigate Human-Elephant Conflict in Sri Lanka’ was formulated in 2020, the dynamics of the current human-elephant conflict have evolved substantially since then, necessitating the formulation of a new national action plan.

Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Environment to take the necessary steps to draft a new National Action Plan for Human-Elephant Conflict Management.

Continue Reading

Latest News

Cabinet green light to host 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific and the 14th Regional Aviation Security Coordination Forum – Asia and Pacific Regions from 23 – 26 June in Sri Lanka

Published

on

By

Hosting the 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific and the 14th Regional Aviation Security Coordination Forum – Asia and Pacific Regions in Sri Lanka

An invitation has been extended to Sri Lanka to host two major regional aviation security summits: the 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific (CASP-AP) and the 14th Regional Aviation Security Coordination Forum (RASCF).

The Steering Committee of the Cooperative Aviation Security Programme – Asia Pacific serves as the primary decision-making body for the International Civil Aviation Organization’s (ICAO) cooperative aviation security program in the Asia-Pacific region.

Sri Lanka is scheduled to assume the chairmanship of the said Steering Committee for the 2026-2027 term during this summit.

The Regional Aviation Security Coordination Forum for the Asia and Pacific regions serves as a regional platform to deliberate on emerging threats, the implementation of ICAO Standards and Recommended Practices (SARPs), capacity-building activities, and coordination among member states and international
organizations.

Approximately 80 delegates, including representatives from 41 member states, international organizations, and observers, are expected to participate in these two summits.

Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Ports and Civil Aviation to host the 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific on the 23rd and 24th of June 2026, and the 14th Regional Aviation Security Coordination Forum – Asia and Pacific Regions on the 25th and 26th of June 2026 in Sri Lanka.

Continue Reading

Latest News

Committee to examine the feasibility of operating all functions related to the Employees’ Provident Fund and the Employees’ Trust Fund under an integrated governance framework

Published

on

By

The Cabinet of Ministers approved the proposal presented by the Minister of Labour to appoint a Committee comprising Senior Officials  to examine the feasibility and submit recommendations on bringing all operations of the Employees’
Provident Fund and the Employees’ Trust Fund under an integrated governance framework managed by a tripartite board representing the Government, employers, and employees.

This initiative aims to align with international best practices while ensuring comprehensive legal and financial security for the assets of the members

Continue Reading

Trending