Monday, November 25, 2019

Challenge of attracting FDI need to be addressed soon - Prasanna

Prasanna Ranatunga, Minister of Tourism and Aviation congratulated by former Minister of Investment promotion Lakshman Yapa Abeywardane after Ranatunga assumed duties yesterday. Picture by Wasitha Patabandige

There are major challenges in attracting Foreign Direct Investment (FDI) to Sri Lanka and this should be addressed as soon as possible, Minister of Tourism and Aviation Prasanna Ranatunga said.

Speaking after assuming duties at the Ministry in the WTC he said that one of the biggest issues the previous government had was weakening the public service, which were afraid even to take the right decisions in fear of being penalized.

“Under this government I can assure you that all ‘right’ decisions would be fully back by me and the government and officials should not be afraid to execute their duties.

He said that due to the formation of an interim government where the Cabinet has been reduced to 15 they would not be able to present a budget until such time an election was held. “I think a general election is on the cards in February.”

He said that till then and even after the general elections the officials should work with dedication to fulfill the aspirations of the people and should not be lethargic towards executing their duties.”

(SS)

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