Former govt’s hard work now yielding strong, tangible results: Semasinghe

22 December 2024 06:48 pm Views - {{hitsCtrl.values.hits}} 14 Bookmark

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Colombo, December 22 (Daily Mirror)- The former government's collective hard work and determination in steering the nation from crisis to growth are now yielding strong, tangible results, former State Minister of Finance Shehan Semasinghe said.

Commenting on the Fitch Ratings upgrading the Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘Restricted Default', he said this milestone highlights the success of debt restructuring efforts, boosting both local and global confidence in Sri Lanka’s economic recovery.

He said in a post on X, "Congratulations on Fitch Ratings upgrading the Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘Restricted Default.’ This milestone highlights the success of debt restructuring efforts, boosting both local and global confidence in Sri Lanka’s economic recovery. Our (former Government's) collective hard work and determination in steering the nation from crisis to growth are now yielding strong, tangible results.

Comments - 14

DOT Sunday, 22 December 2024 07:12 PM

People behind you; far far behind you !

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Nimal Sunday, 22 December 2024 07:35 PM

Congrats..!

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LonPOL Sunday, 22 December 2024 07:50 PM

LOL, Joke of the centaury. Go and rest in peace with your zombie master

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Johan Sunday, 22 December 2024 07:55 PM

Do not say Former govt. Say Ranil's Govt. Former govt.destroyed the economy

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Rip Winkle Sunday, 22 December 2024 08:05 PM

Yeah, yeah! So boring.

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Your Previous Leadership Created Financial Chaos Sunday, 22 December 2024 08:07 PM

Yes, your government did some work to stabilise the situation after your previous leadership made a mess of it. At the same time, your government were hiding too many malpractices resulting in lots of wastage. If wastage was minimised once you were appointed the Finance Minister, there wouldn’t have been drastic tax increases to the average person of the past 2 years.

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Lanka putha Sunday, 22 December 2024 08:25 PM

What about the president funds getting emptied. High standard of living public money. Plenty of vegetable not going to the president place now to public. You have the guts to say such things.

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Jude Sunday, 22 December 2024 08:50 PM

We all knew you're a Joker. Making dumbass statements!!

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Ravi Sunday, 22 December 2024 09:16 PM

Not only tangible results, but also following RWs plans, fooling and lying the people.

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Athk69 Sunday, 22 December 2024 09:17 PM

You would still be in power, if only the previous government acted with the same swiftness in eliminating corruption as done with economic reforms. Your leader was subservient to old loyalties and which led not only to his downfall, but also to the people who stood behind his good ideals.

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Majanama Sunday, 22 December 2024 09:25 PM

I fully agree with you. RW and his team, young honest MPs, along with officials did this change. They were courageous and bold enough. This government lacks knowledge. Look at what key ministers in charge of the economy say, I mean simply they do not understand basics. It is really unfortunate. People one day will understand that they elected the most weakest people to run the government.

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Nihal S Sunday, 22 December 2024 09:26 PM

You can continue to claim the credit. But note that the reason why people rejected previous Government it included the most corrupted of Rajapakse regime. You had no shame to back Rajapakse and engaged in misusing of public funds.

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Roberta Flack Sunday, 22 December 2024 09:40 PM

Some credit must go to the previous gov. However this not entirely true. There are so many other factors at play when negotiating and the entire credit cannot be given to RW. The IMF like any other bank will dictate terms and RW did dance to the IMF time. So will AKD and the NPP.

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Suhada malli Sunday, 22 December 2024 09:49 PM

TRUE the former govt did a liot of good things for the economy though they were very hard to stomach as citizens.. The bad thing they did is giving a false impression that our nation reached the other end of the wel paalama whereas the country only just got up on its feet. now the new NPP govt must as quickly as possible increase the dollar income by increasing exports more foreign labour contracts and tourism income etc. Making big headlines with small domestic savings is grossly inadequate though a respected good deed.

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