Although the opposition has constantly lost elections, it is going to lose the upcoming elections too, and they are being rejected by the people over and over again, the government as a democratic regime even listens to their views.
The government is pursuing economic targets and goals set by us. Economists in the IMF have also commended the government’s economic management policies and growth. This was stated by the Senior Minister for International Monetary Cooperaton Dr. Sarath Amunugama in response to a question raised on the government’s economic performance by the UNP Parliamentarian Ravi Karunanayake at the Parliament yesterday.
Speaking further Dr. Amunugama said that from 1948 – 2004, the per capita income of the country was less than USD 1,000. It surpassed USD 2,000 in 2009. Last year it was almost close to USD 3,000. We hope to achieve USD 4,000 in 2015.
He said that the government has invested only seven percent of the EPF money in equities, and the balance remain in the Fund. These investments, the Minister said were invested at the right time considering all facts of the economy after a comprehensive study.
The Minister said that the objective of the government is to use the EPF money to stimulate and strengthen the economy, and questioned from the ‘doomsday pundits’ of the opposition what was wrong in doing so. He said that not a single EPF holder went before courts against this investment, since they know the final reward that they gain will be enhanced.