Prosperous nation through “Balagathu Sri Lanka”: PM
The ‘Balagathu Sri Lanka’ National Economic Development Plan would be implemented in order to create a prosperous Sri Lanka, Prime Minister Ranil Wickremesinghe said.
The Prime Minister was speaking at the inaugural session of the fourth Youth Parliament at the Parliamentary Chamber of National Youth Services Council (NYSC) yesterday.
Out of the 225 members of the Youth Parliament, 176 have been elected and 49 representatives were chosen from universities and youth organizations. Jalitha Akarawita was sworn in as the Prime Minister while Sachinda Dulanjana was sworn in as the Speaker of the Youth Parliament.
The Premier said that the ‘Colombo-Kandy-Hambanthota Corridor’ would be constructed to create an economically favourable atmosphere and measures would be taken to establish around 1,000 factories island-wide. Industrial zones and Tourism zones will also be created based in main cities such as Galle, Trincomalee, Anuradhapura and Polonnaruwa whereas projects will be executed to uplift the economy in the Northern Province as well, he added.
The Prime Minister said: “The period from 2016 to 2020 is known as the period with the heaviest debt burdens and Sri Lanka is liable to pay around US $4 billion for the period 2017 to 2018. Also national income of the country has dropped from 17 percent GDP to 10 percent GDP” He also said that a programme would be conducted to create a sustainable economy in collaboration with the aid from International Monetary Fund (IMF).
Under the consensus Government, plans will be implemented under the patronage of President Maithripala Sirisena to build a sustainable economy for the youth population and for future generations.
NYSC Chairman Attorney-at-Law Eranda Waliange said that a total of Rs. 120,000,000 had been allocated to the third Youth Parliament and the funds were utilized efficiently in providing social service.
Justice and Buddha Sasana Minister Wijeyadasa Rajapakshe and National Policies and Economic Affairs State Minister Niroshan Perera also participated.
(Source: Daily News – By Sajni De Silva)
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how can a sustainable society be built with socioeconomic development which will develop the middle class and the lowest strata of our society without having the lowest cost electricity in the world by having BOT coal fueled electricity as base load and economical hydro with large reservoirs as peaking power which will give us the lowest electricity in the world less than RS.6 while the President and the Prime Minister are addicted to solar power and wind power ect which with direct cost and indirect cost cost over Rs.40 per unit, while all our representatives gets free electricity we the people are given one of the highest cost electricity in the world and these representatives have exempted themselves and all government servants from paying income tax if they were taxed which would have given us a surplus budget and as such VAT could be reduced to 2% and thereby the lowest income receiving persons of our country could be exempted from tax, There is no democratic country in the world that exempt their representatives from paying income tax
No harm dreaming.