The stability and growth achieved in the Sri Lankan economy in 2024 have sparked a debate over who deserves the credit—the previous government or the current administration. National People’s Power MP Lakmali Hemachandra raised this issue during a parliamentary address, emphasizing the sacrifices made by the public to reach the current economic milestone.
Hemachandra acknowledged that by mid-2024, the Sri Lankan economy showed signs of stability. She credited the continuation of policies under the current government while noting the ongoing debate about whether the foundation for this growth was laid by the previous administration or through the efforts of her own government.
“We need to read the story behind these numbers carefully,” Hemachandra said. “More importantly, we must think about the sacrifices made by the people to achieve these figures. While the data may indicate progress, it comes with a heavy cost borne by the common citizens.”
She highlighted the significant increase in tax revenue as a double-edged sword, pointing out that the financial burden on ordinary citizens came at the expense of other priorities like education and healthcare. “The people of this country suffered greatly under the weight of taxes. Their willingness to contribute despite hardships deserves recognition and honor,” she stated.
Hemachandra also expressed mixed feelings about the economic data showing improved financial conditions. “Yes, we can appreciate the progress in financial indicators by mid-year. But we must also remember that this progress was achieved by imposing a tremendous burden on the people. Their sacrifices should not be overlooked in the narrative of economic success,” she concluded.
The question remains: should the credit for this economic turnaround go to the groundwork laid by the previous government, or does the current administration deserve the praise for steering the country through difficult times? As the debate continues, Hemachandra’s remarks underline the importance of recognizing both the policy decisions and the sacrifices made by the Sri Lankan people to achieve this stability.
