Ranil Wickremesinghe has called for Sri Lanka to target a US $1 trillion-dollar economy by 2055, emphasizing the necessity of economic growth through cooperation with India and strategic investments. He criticized the government’s approach toward existing renewable energy agreements and highlighted the importance of the IMF program for debt restructuring to ensure the nation’s economic recovery.
Former President Ranil Wickremesinghe has proposed that Sri Lanka aim for an ambitious US $1 trillion economy by the year 2055. In a recent television interview, he emphasized the shifting global power dynamics towards Asia, particularly in the Indian Ocean, suggesting that Sri Lanka capitalize on this opportunity.
In conclusion, former President Wickremesinghe’s vision for a US $1 trillion economy by 2055 suggests significant economic growth opportunities for Sri Lanka. He stresses the importance of regional cooperation, particularly with India, while also cautioning against disruptions in ongoing investment projects, particularly in renewable energy. His insights underscore the urgent need for strategic economic reforms and international collaboration to stabilize and grow the economy.
Original Source: www.newswire.lk
