The Hon. Sunil Rajapaksha

¶ 01 We took over in 2024 an economy broken over decades of wrong economic strategies and policies. With the first Budget, correct policies, and good management, we achieved progress within a year. The Central Bank’s 2025 Review confirms this. Some come to our Committees to lecture us; I remind them of 2022. They shrank the economy by 8.7 percent, revenue fell, inflation spiked, reserves collapsed, debt rose, per capita income fell. People queued for fuel and gas; the economy was mismanaged. We have now stabilized key indicators, spread growth across sectors, raised GDP and per capita income above USD 5,000, boosted tourism and remittances, strengthened reserves and the banking sector, expanded private credit, raised revenue to 16.7 percent of GDP, and reduced the deficit to 2.3 percent of GDP by our second Budget in 2025.

¶ 02 Despite natural disasters and global shocks, we remain on a stable, planned, correct path. Support this journey if you love the country. Thank you.