Politics

Sri Lanka President Launches Manifesto Pledging Economic Development, Job Creation, and Tax Cuts

Sri Lankan President Ranil Wickremesinghe has unveiled his 2024 election manifesto, focusing on economic development, reducing the cost of living, creating jobs, raising wages, and improving welfare measures. The manifesto was officially launched on August 29 at the Taj Samudra Hotel in Colombo, in front of politicians, celebrities, and other distinguished guests.

The full manifesto, currently available only in Sinhala, can be accessed online at ranil2024.lk/manifesto. Below is an English-language summary of the key proposals:

A Vision for Stability and Prosperity

President Wickremesinghe emphasizes that this election is a pivotal moment for the nation, positioning it as a choice between continued stability and a return to uncertainty. He acknowledges the hardships Sri Lankans are facing but highlights the country’s progress since 2022. The president urges voters to support his experienced leadership for a brighter future, as opposed to the risks of choosing an inexperienced candidate.

Key Policy Proposals:

  • Reducing the Cost of Living: The manifesto outlines plans to further reduce the prices of essential food items. Wickremesinghe promises to remove taxes on key essentials, boost local production, and secure the necessary imports to meet demand.
  • Creating More Jobs and Raising Wages: The president pledges to create new employment opportunities, expand the job market, and increase income generation options for the people of Sri Lanka.
  • Cutting Indirect Taxes: Wickremesinghe plans to reduce the burden of indirect taxes on the public. He promises to offer tax-free incentives to professionals and provide tax relief to taxpayers, with the goal of systematically abolishing indirect taxes within the next two years.
  • Economic Growth and Investment: The manifesto highlights a focus on welcoming foreign investment to fund better healthcare, education, and training programs. The president aims to create a stable economic environment that will lead to long-term growth and prosperity.
  • Strengthening Welfare Programs: Wickremesinghe guarantees the continued delivery and expansion of Urumaya and Aswasuma welfare programs, promising more stability and prosperity for all citizens.

As Sri Lanka continues its recovery from the challenges of 2022, President Wickremesinghe’s manifesto sets out a comprehensive plan to lead the nation towards a more stable, unified, and prosperous future.