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Budget ensures relief, encourages investment: Patali Champika Ranawaka

Patali Champika Ranawaka 700 07

Megapolis and Western Development Minister Patali Champika Ranawaka has observed that the government has presented a budget that ensures relief for the people and encourages investment opportunities within a difficult and restrictive financial environment.

He was speaking at the Budget 2019 debate in Parliament recently.

During his speech, Champika said:

“If the country’s economy is to progress, we need to change our indebtedness. It should be controlled in order to boost exports. The dollar is now under control and through this budget we intend to further bring it under control. Certain definitive changes need to be made to uplift the fallen GDP but in order to do that we need to venture into new avenues of production.

We cannot achieve this through traditional means. There is no cheap labour in the country. We need to properly utilize the country’s 21 million educated labour force in a manner similar to the fourth Industrial Revolution.

It is a mistake to invest in cheap popular areas without a proper plan. Instead, if investments were done systematically and scientifically, the results would have been immense. Justice should be done for the country’s professionals. If they are disgruntled and frustrated, the country would suffer the consequences. Many have already left the country. Hence, we need to avail our country’s children the opportunities possible.”

 

 

 

 

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