social market economy Archives

Sri Lanka – Economic Progress – Dr Harold Gunatillake Transcript As reported by By Shabiya Ali Ahlam of Daily Mirror Sri Lanka as a nation must step up efforts to establish a social market economy, so that going forward the people can move forward with the assurance of sustainable growth and development, President Ranil Wickremesinghe said. Wickremesinghe, speaking at a conference yesterday that was aimed at reforming Sri Lanka’s current economic status, indicated that more must be done to bridge the inequality prevailing in the country and ensure all sections of the people across the island grow and reap the benefits of development and prosperity. “Just as much as we must make money and make bigger profits, there must be more money available to the people. The housing needs must be met in the next 15 to 20 years. “Poverty should no longer be existent the rural areas of Sri ...

Social market economy need of the hour for Sri Lanka: President – By Shabiya Ali Ahlam Indicates the need to ensure no segment is left behind in ongoing economic reconstruction efforts Says just as much as there is a need to make higher profits, more money must be available for the people Asserts highly competitive economy cannot run on low wages Assures SL will not go back to ‘old’ systems Stresses the need for change and increase in income Says without prioritising economy nothing can be achieved Source : dailymirror.lk By Shabiya Ali Ahlam Sri Lanka as a nation must step up efforts in establishing a social market economy, so that going forward the people can move forward with the assurance of sustainable growth and development, President Ranil Wickremesinghe said. Wickremesinghe, speaking at a conference yesterday that was aimed at reforming Sri Lanka’s current economic status, indicated that more must ...