28 Feb 2024 - {{hitsCtrl.values.hits}}
Ronald Joseph Godfrey De Mel or Ronnie de Mel who was instrumental in introducing the open economy in Sri Lanka in 1978 passed away at the age of 98 yesterday.
He introduced the open economy in Sri Lanka as the Finance Minister under the guidance of late President J. R. Jayewardene’s cabinet in 1977.
Late Mr. de Mel was the longest serving finance minister in the country and one who has presented the most number of budgets from 1977 to 1987.
He began politics, by joining the Sri Lankan Freedom Party (SLFP) and then joined the United National Party (UNP).
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