Sri Lanka’s economy stabilises with growth expected to reach 4.4 % in 2024: WB

SP Thursday, 10 October 2024 02:16 PM

Great news! Hopefully the AKD government will build on this sound foundation he got without messing it up.

Reply 6       69

mk Thursday, 10 October 2024 02:22 PM

All the NPP supporters: "its all because of AKD"

Reply 23       61

melbournian Thursday, 10 October 2024 02:34 PM

good news for current govt(thought they have nothing to do with this) but they need to try 6-8% GDP growth to enter upper mid, at least like Malaysia in next 20 yrs

Reply 6       54

Labby Thursday, 10 October 2024 02:36 PM

Thank you Ranil for your smart and honest work. We hope the new administration will build on what you founded.

Reply 31       91

karu Thursday, 10 October 2024 02:42 PM

I am not expecting a lot from AKD. Build a solid foundation for the country which devastated by Ducks for decades

Reply 5       48

Neo Thursday, 10 October 2024 03:00 PM

This should be the baseline for the new NPP government. A growth rate below 4.4 should not be tolerated by voters.

Reply 2       42

Rip Winkle Thursday, 10 October 2024 03:39 PM

I find it amusing that the World bank makes no mention of the corruption which brought this nation to it's knees or about a possible future upward trajectory in growth contributed by the eradication of corruption under the new government.

Reply 28       53

This is NPP's achievement Thursday, 10 October 2024 03:45 PM

Thank you, Hon Ranil Wickramasinghe for shouldering the burden of reviving the economy after the 2022 economic debacle. At that time there was no one to take up the challenge. All leaders circumvented the responsibility, and I don't need to name who they were. This country is an ungrateful nation. If you were the leader of another nation, the people of that country would have worshiped you and reelected with a landslide victory. Needless to say, we are such an ungrateful nation. Our history itself is a testimony to this, for example, in 1815 how some of our leaders betrayed the nation and only to understand their mistake in 1818. Dear sir, as you mentioned in your farewell speech, your rightful place will be decided not now but in future. I am so happy to say that the "future" has already arrived, within just less than 30 days after you left office!

Reply 16       59

Dee Thursday, 10 October 2024 04:20 PM

Thank you RW! Now AKD, just forget all election promises (people have already forgotten) maintain the status quo’s and take the country forward, try delivering what you guys promised and mess it up!

Reply 8       15

Abheetha Senaratne Thursday, 10 October 2024 05:03 PM

Thank you Ranil for reviving the countries economy to this level. It is quite unfortunate the ungrateful people of this country didn't understand the things you did and make you as the president for another 5 years.

Reply 9       20

Banda Thursday, 10 October 2024 05:18 PM

All of this may be attributed to visionary leader such as Ranil Wickaramasinghe. He might possess numerous flaws. However, avoid being a "kuhakaya" by acknowledging the things he has done for all of us since the beginning of this economic collapse. Future generations will assess NPP's statements based on their labour. With regard to national leaders such as RW, we have completed one chapter. Jokers, this is the moment. Let's enjoy yourselves now. It’s time for clowns.

Reply 10       20

Gen Thursday, 10 October 2024 05:21 PM

In 6 to 8 moths 3 Wheel drivers who advocated as Economic experts promoting AKD, will be back in petrol, gas medicine, rice and food queues. RW will have noting but to laugh at the idiots who are now praising the village idiot... By next year April 2025 SL will not be able to celebrate Sinhala Tamil Ney Year as the economy will already be at 0.

Reply 13       8

Results over time Thursday, 10 October 2024 05:25 PM

If the JVP government succeeds in continuing what RW has set up for the economic recovery then we will see more stabilization over time. The numbers we are seeing now reflect what was done over the last months and years since RW was brought in. You cannot get a harvest in two weeks.

Reply 4       13

Sam Silva Thursday, 10 October 2024 05:27 PM

Very true that our nation is very ungrateful.

Reply 6       13

Ravi Thursday, 10 October 2024 05:28 PM

Thanks Ranil. Your effort is much appreciated. But you are indeed a legend.

Reply 11       15

Jayawewa Thursday, 10 October 2024 07:31 PM

Power of AKD. Stabilized the economy within a month with only 3 ministers!

Reply 10       12

Honoring Ranil's Dedication Thursday, 10 October 2024 08:07 PM

Hats off to Ranil for his tireless efforts to elevate the economy to positive levels. Regrettably, you were compelled to work alongside a corrupt cohort of MPs, as options were limited. Your unparalleled intellect and acumen will undoubtedly etch your name in history. Unfortunately, by the time the nation recognizes your invaluable contributions, it may be too late. Thank you, RW, for your dedication and vision during these challenging times.

Reply 9       10

Dilakshan Senevirathne Thursday, 10 October 2024 08:47 PM

Thanks to AKD's 10 day rule, the economy is on track. He saved almost a billion rupees so far and it will be at least 10 billion before the end of the year. If Ranil continued, the economy would have collapsed like before. NPP will slso expedite solving of many cases by establishing village courts and appointing qualified lawyers in managing them. Within 2 to 3 says the cases will be solved and the decision of the village court would be final so public money will not be wasted in dragging cases into Supreme Court level. NPP government will be super efficient and they will also provide part time work opportunities to young university undergraduates who are members of IUSF.

Reply 14       6

P Kunchithapathan Friday, 11 October 2024 02:16 AM

The outcome is undoubtedly heartening. Whenever corruption and abuse are eradicated, the harbingers of economic prosperity follow. The primary mandate of this government is to dismantle these nefarious practices, striking at the core of the mafia that manipulates the prices of essential commodities by artificially engineering shortages.

Reply 0       0

wickrama Wijayasiri Saturday, 12 October 2024 06:20 PM

Over the withered bodies of the common man vulnerable. Children have only sugar water to drink for food and families have moved on to trees for shelter. While Mercedes and Prados are still rolling on the streets. Waters edge has no shortage of patrons.

Reply 0       0

Indra Dasa Sunday, 13 October 2024 07:05 AM

To Bring the economic to the required level that all Sri Lankans could be able to have good quality of life is still not achieved even though Sri Lankan tax payers burned out the task of paying up to 38 % to 40 % taxes on their earnings and as good and services taxes as a result of economic mismanagement of Sri Lankan rulers from the year 2000 , that is including RW , CKB , MR ,GR . Therefore best way to bring the economy to a level that every citizen could be benefited is not achieved yet and RW didn't do any miracle to bring the economy other than not paying the SB ,other international loans and world bank

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