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    PM's Economic Policy program, an economic reform of the third generation.- Dy.Foreign Minister

    November 10, 2015

    The midterm economic policy presented by the Prime Minister Ranil Wickremesinghe is the basic foundation to carry Sri Lanka forward in the next 30 years, Deputy Minister of Foreign Affairs and economist Dr. Harsha De Silva says.

    Speaking to media on Monday, the Deputy Minister said the Prime Minister has presented a basic program that will pave the way for the largest economic uplift in the recent history and called the program an economic reform of the third generation.

     

    He said the midterm economic policy, which is a continuation of the economic policies of former President J.R. Jayawardena, presents the necessary reforms to create a highly competitive socio economic market.

     

    Speaking about the retirement programs, the Deputy Minister dismissed reports that the government is planning to privatize the Employees' Provident Fund (EPF) and the Employees' Trust Fund (ETF). Instead the government will introduce a new national pension scheme by merging the two funds, he said.

    Last modified on Tuesday, 10 November 2015 16:26

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