📈 Govt. Failing to Implement Growth Plans, Says Dinouk Colombage
United National Party (UNP) Working Committee Member Dinouk Colombage stated that the National People’s Power (NPP) Government has abandoned the economic recovery and growth strategy initiated by former President Ranil Wickremesinghe in 2022. • Policy Shift: While the NPP Government initially followed the stabilization plan, Colombage claims they have failed to combine it with a viable growth plan, turning the IMF program into a standalone stabilization initiative. • Key Indicators: • Inflation: Has risen well above 6%, failing to hit the previous growth plan's target of remaining below 3%. • Currency: The Sri Lankan Rupee has continued to depreciate under the current administration, contrasting with the previous objective of currency appreciation. • National Impact: Colombage raised concerns over the country's financial preparedness to repay debt while simultaneously reducing poverty levels and increasing public income.