Inflation curtailed to a minimum:

Govt trebled per capita income

Economic Development Minister Basil Rajapaksa said the Government has fast-tracked its development program by trebling per capita income and improving the country’s finances.

He told our sister paper Silumina that the economy has been made stable so that the level of poverty could be minimised and jobs provided for almost 96 percent.

Today the rate of unemployment has been reduced to a mere four percent.

The Government has progressively brought down the per capita debt percentage which had exceeded 100 percent during the previous UNP regimes.

The positive economic indices are a result of the Government’s sound economic management policies, the minister said.

The Government’s development priorities have contributed to improve the people’s economy having curtailed inflation to a minimum in the country’s history.

The Minister said that President Mahinda Rajapaksa had ensured that people were relieved of the burden of development and nobody could reverse the country’s economic forward march spearheaded by the Government.