News & Community eLanka

eLanka

Monday, 21 Sep 2026
  • Home
  • Read History
  • Articles
    • eLanka Journalists
  • Events
  • Useful links
    • Obituaries
    • Seeking to Contact
    • eLanka Newsletters
    • Weekly Events and Advertisements
    • eLanka Testimonials
    • Sri Lanka Newspapers
    • Sri Lanka TV LIVE
    • Sri Lanka Radio
    • eLanka Recepies
  • Gallery
  • Contact
Newsletter
Sri lankan news
  • eLanka Weddings
  • Property
  • eLanka Shop
  • Business Directory
eLankaeLanka
Font ResizerAa
Search
  • Home
  • Read History
  • Articles
    • eLanka Journalists
  • Events
  • Useful links
    • Obituaries
    • Seeking to Contact
    • eLanka Newsletters
    • Weekly Events and Advertisements
    • eLanka Testimonials
    • Sri Lanka Newspapers
    • Sri Lanka TV LIVE
    • Sri Lanka Radio
    • eLanka Recepies
  • Gallery
  • Contact
Follow US
© 2005 – 2026 eLanka Pty Ltd. All Rights Reserved.
Home » Goodnews Stories Srilankan Expats » Articles » SRI LANKA NEEDS POLICY CORRECTION – by N.S.Venkataraman
Articles

SRI LANKA NEEDS POLICY CORRECTION – by N.S.Venkataraman

eLanka admin
Last updated: August 7, 2022 2:25 pm
By
eLanka admin
ByeLanka admin
Follow:
Share
6 Min Read
SHARE
Views: 30

SRI LANKA NEEDS POLICY CORRECTION – by N.S.Venkataraman

Social market economy need of the hour for Sri Lanka: President - By Shabiya Ali Ahlam

Photo Source : dailymirror.lk

here appears to be an unanimous view in Sri Lanka and other countries that appointment of the Ranil Wickremesinghe   as President of Sri Lanka is the best decision that has  happened in the present turbulent time in Sri Lanka.  Ranil  Wickremesinghe has served as Prime Minister of Sri Lanka six times  and he has not completed full term even once and is not   generally recognised as an exceptional administrator.  However, he has been recognised as a reliable and decent and least controversial  person by popular view  and that is perhaps why governance of Sri Lanka has been handed over to him.  Except a few professional demonstrators in Sri Lanka , the country is ,by and large , willing to support him if he would take appropriate policy decisions and implement them in a pragmatic way. This is a good situation as far as it goes.

Obviously, the priority for  Ranil Wickremesinghe is to retrieve Sri Lankan economy from the present mess,  which implies that he should ensure that the morale of the countrymen are kept high by announcing time bound , proactive and well reasoned economic and industrial development plans and creating confidence   about his leadership capabilities  in the present challenging time.

 In such situation, even the pledged admirers of Ranil Wickremesinghe felt uncomfortable , when Ranil Wickremesinghe said in Parliament that “Sri Lanka is bankrupt”, which has created huge fear amongst people.  While fact is that Sri Lanka faces extremely difficult financial conditions, it has a lot of residual and basic strength   which need to be highlighted and told to the people, instead of saying that the country is bankrupt.  Some people wonder whether this  statement of the President could reflect on his own confidence level. 

Today, what Sri Lanka needs urgently is financial support by way of loan and grant from international funding agencies as well as USA, Canada, Japan, Australia  and European countries.  Apart from financial support at this critical juncture, Sri Lanka also needs technology support, trade support and overseas investment. 

With  such compulsive needs where western countries dominated funding agencies and western countries alone can come to Sri Lanka’s aid in quick time and in meaningful way,   it is surprising that President Wickremesinghe made a statement  that Sri Lanka is firmly committed to one China policy.  This  statement of the Sri Lankan President is considered as unwarranted and avoidable by many observers ,  as this would clearly create suspicion about the foreign policy leanings of Sri Lankan government, particularly amongst western countries.  

At the present juncture, Sri Lanka has nothing to gain by declaring its support to China by  committing to one China policy. At best,  President should have kept quiet on the matter.

In the family rule of Rajapaksa, there is widespread view that Rajapaksa government have fallen into debt trap laid by China for whatever reasons and in the process,  being forced to hand over the Hambentota port  to China . This is a tragic mistake   amounting to  opening  an intruder into  the country. China will never give up it’s control over Hambentota port anytime in future and will have a permanent presence in Sri Lanka.  The recent move of China to send spy ship to Hambentota port is an indication to the state of things to come. Though the Sri Lankan government has feebly told  China to  defer the ship visit, it did not have the courage to ask China  to cancel the visit  once for all.  This approach of Sri Lanka government  indicates that there is still certain level of ambiguity and uncertainty in it’s foreign policy approach.

Sri Lanka is a democratic country and it has to necessarily align itself with  western countries  for a stable future.   It has to  model it’s foreign policy in the way that countries like South Korea  Philippines, Singapore, Australia  and Japan have done  by maintaining close alliance with western countries  and all these countries have gained and prospered  by such policy approach.   Sri Lanka can  formulate it’s foreign policy in this direction without  overtly declaring so. 

Development of friendly relations with western countries can only ensure sustained economic progress for Sri Lanka and enable Sri Lanka to  retrieve itself from its present economic mess .

The relations with the countries like China, Russia can all be on near silent mode and without being antagonistic towards them

In the present juncture, Sri Lanka cannot have the luxury of commenting on every international issue which really does not concern Sri Lanka.Self interest is the only policy that Sri Lanka needs today.      

TAGGED:Ranil WickremesingheSri LankaSri Lankan economy
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email Copy Link Print
Previous Article Nethmi Ahinsa Fernando Sri Lanka win bronze in Wrestling
Next Article Commendable endeavor from Elanka Donate a grocery pack to a poor family in Sri Lanka -Arundathie Abeysinghe eLanka Newsletter – 07th August 2022 – 2nd Edition – Sri Lankans In Australia
FacebookLike
YoutubeSubscribe
LinkedInFollow
- Advertisement -
eLankaproperty - sell property in Sri Lanka, Sri Lanka property for sale, Sri Lanka real estate, Sri Lanka property listings, property marketplace Sri Lanka, land for sale Sri Lanka, houses for sale Sri Lanka, apartments for sale Sri Lanka, commercial property Sri Lanka, luxury villas Sri Lanka, Sri Lankan property investment, buy property in Sri Lanka, Colombo property for sale, beachfront property Sri Lanka, development land Sri Lanka, investment property Sri Lanka, property advertising Sri Lanka, real estate agents Sri Lanka, property brokers Sri Lanka, overseas Sri Lankan property buyers, Sri Lanka property website, list property online Sri Lanka, affordable property listings Sri Lanka, Sri Lanka homes for sale, Sri Lanka land investment, property developers Sri Lanka, real estate marketplace Sri Lanka, Sri Lanka commercial real estate, sell land in Sri Lanka, sell house in Sri Lanka, Sri Lanka property portal, global property marketplace Sri Lanka, Sri Lankan real estate investment, property management Sri Lanka, buy land Sri Lanka, residential property Sri Lanka, holiday homes Sri Lanka, Sri Lanka investment opportunities, real estate advertising Sri Lanka, eLankaProperty
- Advertisement -
ALTAIR
- Advertisement -
Ad image
eLanka Wedding
Most Read
eLanka Newsletter

eLanka Newsletter – 20th September 2026 – 3rd Edition – Sri Lankans In Australia

Chamari Athapaththu and Hasini Perera smash their way to Asian Games final. Inspirational skipper tears Pakistani attack apart for another showdown against India. BY TREVINE RODRIGO IN MELBOURNE. (eLanka Sports Editor).

The Significance of the Greenland Agreement for Sri Lankans Abroad-by Harold Gunatillake

The Significance of the Greenland Agreement for Sri Lankans Abroad-by Harold Gunatillake

Sri Lanka’s Balancing Act Between India and China-by Harold Gunatillake

Sri Lanka’s Balancing Act Between India and China-by Harold Gunatillake

HOW A SRI LANKAN LAY PERSON SPREAD BUDDHISM TO THE WEST

HOW A SRI LANKAN LAY PERSON SPREAD BUDDHISM TO THE WEST

Related News
Tribute to Bernard Gomez from his fellow architects
Articles Lawrence Machado

Vale Bernard Gomez: Loyal Friend, Quiet Genius and Architect Extraordinaire – By Lawrence Machado

Kings Hospital Colombo AI-powered hospital chatbot
Articles

Kings Hospital Colombo Launches Sri Lanka’s First AI-Powered Hospital Chatbot

Sri Lanka grid-scale battery storage
Articles

President Opens Sri Lanka’s First Grid-Scale Battery Storage Systems in Anuradhapura and Galle

Sri Lanka floating solar power plant
Articles

Sri Lanka’s Locally Built ‘Diyajanani’ Floating Solar Plant Connects to the National Grid in Dambulla

Chamari Athapaththu Marks 300th Cap with Match-Winning 63 as Sri Lanka Women Reach Asian Games Semi-Finals
Articles

Chamari Athapaththu Marks 300th Cap with Match-Winning 63 as Sri Lanka Women Reach Asian Games Semi-Finals

  • Quick Links:
  • Articles
  • DESMOND KELLY
  • Dr Harold Gunatillake
  • English Videos
  • Sri Lanka
  • Sinhala Videos
  • Obituaries
  • eLanka Newsletters
  • Sunil Thenabadu
  • Dr. Harold Gunatillake
  • Trevine Rodrigo
  • Tamil Videos
  • Sinhala Movies
  • eLanka Newsletter
  • Photos

eLanka

Your Trusted Source for News & Community Stories: Stay connected with reliable updates, inspiring features, and breaking news. From politics and technology to culture, lifestyle, and events, eLanka brings you stories that matter — keeping you informed, engaged, and connected 24/7.
Kerrie road, Oatlands , NSW 2117 , Australia.
Email : info@eLanka.com.au / rasangivjes@gmail.com.
WhatsApp : +61402905275 / +94775882546
  • About eLanka
  • Terms & Conditions

Disclaimer:
eLanka is committed to sharing positive and community-focused stories. We do not publish or endorse political, religious, or ethnic viewpoints. The content published on eLanka, including articles and newsletters, reflects the opinions and views of the respective authors and not those of eLanka. eLanka accepts no responsibility or liability for the accuracy, completeness, or consequences of any content provided by contributors.

(c) 2005 – 2025 eLanka Pty Ltd. All Rights Reserved.