“Sri Lanka must earn the world’s trust to compete in global economy”

by malinga
September 24, 2023 1:06 am 0 comment 287 views

Sri Lanka should adopt international standard laws and regulations and manage its economy accordingly to align with the global economy, said Senior Adviser on National Security to the President and Chief of the Presidential Staff, Sagala Ratnayaka.

He said that transparent economic management would instill confidence in international investors, encouraging them to invest in countries with stable economies.

Ratnayaka emphasised the importance of gaining the trust of the global community to compete in the international economy at a ceremony at the Royal College auditorium in Colombo.

Solar power systems sponsored by the Chinese government were distributed to selected religious shrines and elderly care homes, cricket equipment and school bags to chosen schools at the event.

He underlined the Government’s responsibility to create a secure environment for investors and noted the President’s commitment to this endeavour.

He also emphasised that citizens should act in ways that reinforce investor confidence.

Ratnayaka said that the President has pledged to transform Sri Lanka into a developed country by 2048 and initiate environmentally friendly (NEX-0) programs by 2050 to reduce toxic emissions. He called on citizens to contribute to these programs. Power and Energy Minister Kanchana Wijesekera and Chinese Ambassador to Sri Lanka, Qi Zhenhong were also present.

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