Mahinda Chinthana economic policy :
Saves Sri Lanka
*Unemployment reduced under UPFA
*Britain, France accept State sector
The Sri Lankan economy would have been badly affected if UNP leader
Ranil Wickremesinghe was in power, Environment and Natural Resources
Minister Patali Champika Ranawaka said.
“The world has today rejected neo-liberal economic policies and
citizens in the United States too are being educated to buy their own
products,” he said.
The Regaining Sri Lanka introduced by the UNP would have plunged the
country into bankruptcy if people had allowed the UNF Government to stay
in power, the Minister said.
The Minister said the public averted the division of the country by
taking a right decision at the Presidential Election in 2005. United
States under its new President Barak Obama, France and Britain have
accepted the Mahinda Chinthana Policy framework which is aimed at
strengthening local economy and industries.
Addressing a press briefing at the Mahaweli Centre in Colombo
yesterday, the Minister said the Government fore saw the fate of the
countries that had embraced the neo-liberal economic policies and
formulated a set of economic principles that bolster the local
production. “Sri Lanka is perhaps the only country which was not
affected by the world financial crisis.
The UNP leader focused on the private sector and devised various
subtle maneuvers to weaken the public sector. France and Britain accept
that the State sector should be strengthened to ensure better economic
development of the country,” he said.
Sri Lanka today generates more and more employment opportunities to
the youth. The private sector and the Government initiate new ventures
which provide more employment to the youth.
He said the unemployment rate of the country has drastically come
down as a result of the Government’s vibrant economic management, he