President Ranil Wickremesinghe has assured that he has not deviated from the principles of the democratic socialist system of Sri Lanka, in his efforts to revive the economy.
The President explained that although Sri Lanka gradually started liberalizing its economy since 1977, it did not bring along the necessary legislation, the President’ Media Division said.
The President made these remarks during his keynote address at the inaugural session of the 45th “SAARCFINANCE” Governors’ Meeting and Symposium held on at the Hilton Hotel, Colombo.
“I have not in any way departed from the principles of the democratic socialist system in our country. I have, in fact, incorporated two of the objectives: to ensure that all citizens have an adequate standard of living, and to create rapid development of the whole country by means of public and private economic activity towards social objectives and the public good,” the President said.
Explaining his Government’s efforts to transform the economy, the President Wickremesinghe said that the efforts have to be growth-oriented in order to succeed.
“First, I put down in the law that I am working within this constitution. No one can say that I am going outside the objectives of the constitution. These two provisions are more than enough to rewrite the economic policy of Sri Lanka,” he said. (Newswire)