Sri Lankan government today formally released its new National policy Framework meant to guide the government ministries and departments in implementing their policies. The framework titled ‘Vistas of Prosperity and Splendor’ is aimed at achieving fourfold outcome of being a productive citizen, a contented family, a virtuous, disciplined and just society and a prosperous nation.
Among the main objectives are maintaining a 6.5 per cent or higher GDP growth rate under the macroeconomic programme, achieving a per capita income exceeding 6,500 US dollar during 2020 to 2025. The policy further elaborates to keep the unemployment rate below 4 per cent and the inflation rate below 5 per cent, as well as to manage the government revenue and expenditure to keep the budget deficit below 4 per cent of GDP.
The policy mandates to implement a national and international partnership based on principles of priority to national security, friendly and non-aligned foreign policy. It also mandates an administration free from corruption and new constitution that fulfills people’s wishes.
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