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Ranil Wickremesinghe @RW_UNP
Last year, state-owned enterprises lost 800 billion rupees. People have been bearing these losses for years without realising their situation. The government should intervene only in monitoring functions and public facilities, while private enterprises should be the driving force — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
We have initiated several measures to control Government expenditure. The new ordinances introduced will curb waste & abuse of funds. We are introducing Zero Budgeting as a means of managing public expenditure. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
We are introducing an Anti-Corruption Bill to combat the recurrence of a similar crisis. We are taking steps to include the "Stolen Assets Recovery Initiative (StAR)” in this Bill, together with the World Bank and the United Nations. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
2/ We are in the final stages of negotiations with the IMF. India has agreed to debt restructuring & extended financial assurance. We are in direct discussions with China. Paris Club announced its support. The international support is a sign that we are on the right track. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
1/ When I first addressed parliament as President, inflation stood at 70%. It's now down to 54%. Exports have risen to $13b; imports are down to $18b; remittances are up to $4b. Foreign reserves are up to $500m. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
2/ Sri Lanka relies heavily on indirect taxes. In 2021, direct taxes accounted for 21% of tax revenue, while indirect taxes were 79%. I’ll rectify this disparity. Measures are taken to protect the vulnerable & ensure welfare programs aren’t abused by higher-income earners. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
1/ I’m ready to make unpopular decisions for the nation's sake. If we abolish PAYE, we’ll lose 100bn rupees. If we raise the tax limit to 200,000 rupees, we’ll lose 63bn rupees. All told, 163bn rupees will be lost. At present, the economy cannot afford this loss of income. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
Despite obstacles, I'll continue with the reforms. If we work in a united & planned manner, we can be a developed country by 2048. True freedom can be achieved, & our collective responsibility is to build a new country where our children can compete with the rest of the world. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
I'm not treating the superficial condition with painkillers. I am treating the root cause of the malaise. Many of the decisions I have been compelled to take are unpopular, but because of these, no citizen will die in queues or starve. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
We cannot be satisfied by strengthening the economy the entire system needs to change. Issues faced by people in the North & East are being solved. We are taking measures for maximum division of power in a unitary state. However, we'll never consent to the division of this nation — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
We should modernise the economy & open it to the world. The corrupt political factionalism that deceives the people, making them dependent & poor forever, should be changed. This is the "system change" the youth have been demanding & why we have embarked on a new path of reforms. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
The first six months of 2023 will be challenging. We must take these difficulties in our stride for the country's sake. Although many people in this country got out of poverty with free education & expanded the middle class, today, it is difficult to fulfil aspirations. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
We didn’t vote for the benefit of the country but for personal benefits. We kept borrowing to fulfil election promises. There’re no shortcuts, as some politicians suggest. There’s only one way out & if we miss it to misplaced agendas, we will not have a future or country. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
Politicians who pointed out the real situation were hardly given a place. We adopted the notion that the government was a spring of resources which had to be distributed among the people. We borrowed for consumption & not for investment, leading to the collapse of the economy. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
After independence, we divided in terms of race, religion & region to the point of developing animosity against each other. Various groups exploited this division to gain power & created further rifts among people. Instead of rejecting them, we accorded power to these same groups — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
While we celebrate the 75th anniversary of our independence & honour those who worked hard for the country's freedom, let us focus on regaining the freedom we have lost today. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
RT @alisabrypc: An encouraging statement by the Spokesperson for the Foreign Ministry of #China Zhao Lijian reaffirming that China🇨🇳 will s… — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
I congratulate @RishiSunak on becoming Prime Minister of the United Kingdom. As he leads Britain in tackling its biggest challenges, I look forward to working with him in strengthening ties between our two nations. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
9/9 I understood the risks involved when I accepted the challenge to lead the country. I did so because I believe in this nation and its people and I will work with you as your President as we strive to build a better future. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
8/9 Following the finalisation of the agreement with the @IMFNews, we plan to apply to the @WorldBank, @ADB_HQ and other institutions for bridging finance facilities. We have applied to the @WBG_IDA for concessional financing. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
7/9 Negotiations with representatives of creditor countries are underway to reach a multilateral agreement. Completion of these discussions will lead to restructuring of our debts & the commencement of talks with the London Club & other private creditors. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
6/9 We are also in talks with India. During a short meeting with Prime Minister @narendramodi in Japan, I informed him of my intention to visit Delhi to discuss Sri Lanka's current situation. India has always given us support and continues to do so. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
5/9 We've begun talks with China. Debt restructuring negotiations will resume after the National Congress of the Chinese Communist Party this month. We're confident that China will support us as they have in the past. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
4/9 Sri Lanka welcomes Japan's willingness to take a leading role in restructuring the island nation's debt. I am optimistic that Japan’s goodwill towards Sri Lanka will continue to grow, and we will work hard to strengthen our close ties with Japan. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
3/9 I met with @jica_direct_en and JBIC representatives, who expressed their support for expanding Japanese investments in Sri Lanka. I also discussed issues affecting our countries with Prime Minister @kishida230 and Foreign Minister @hayashi09615064 of Japan. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
2/9 During my recent meeting with Prime Minister @leehsienloong, we had discussions on revisiting the free trade agreement between our two countries. This will strengthen Sri Lanka’s economic relations with Southeast Asia. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
1/9 During my visit to the UK, Japan and the Philippines, I met with a number of world leaders and addressed the @ADB_HQ Board of Governors meeting in Manilla attended by Finance Ministers from 68 countries. ADB has indicated that they are prepared to extend a loan of $500m. — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
Congratulations to the Sri Lankan cricket team on winning the Asia Cup 2022. Well played Pakistan! The second championship for today. Goes to show that, with dedication and determination we can overcome challenges as a nation. Onwards and upwards Sri Lanka! — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
Sri Lanka’s netball team has brought glory to the country by winning the 2022 Asian Championships. The big win directly results from the team’s dedication, discipline, and sportsmanship. My heartfelt congratulations! — PolitiTweet.org
Ranil Wickremesinghe @RW_UNP
I am saddened to learn of the passing of Her Majesty Queen Elizabeth II. She was a symbol of stability and endurance, and she will be greatly missed. My heartfelt condolences to the Royal Family and the people of the UK and the Commonwealth. — PolitiTweet.org
