Former Deputy Leader of the United National Party and Member of Parliament, Ravi Karunanayake, stated that Sri Lanka’s Gross Domestic Product (GDP) experienced significant growth in the fourth quarter of last year, largely due to the policies implemented by the previous government.
Speaking to the media, he noted that the administration in power over the past two years had laid a strong and stable foundation for economic recovery.
He emphasized that the current government must now take proactive steps to build upon that foundation and drive further development.
Karunanayake added that in order to strengthen the economy, it is crucial to boost domestic investment by sustaining development momentum, controlling inflation, and stabilizing the rupee. He also stressed the importance of introducing foreign technology to local investors or directly bringing in international investors and innovation from abroad.
Highlighting the prevailing political stability, the MP remarked that, with a government currently operating without disruptions such as protests or strikes, there is a favorable environment for increasing both local and foreign investments.
