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Thursday May 13th, 2021
Political News

Sri Lanka dissolution ends uncertainty, good for investor confidence: UNP

COLOMBO (EconomyNext) – The dissolution of Sri Lanka’s parliament by President Maithripala Sirisena will end uncertainty and boost investor confidence, Deputy Economic Policy Minister Harsha de Silva said.

"I think it is good that uncertainty would be removed once and for all," De Silva.

"Once the new government is established we will have our policies spelt out and it will be good for everybody and for investment confidence."

De Silva’s United National Party has been pressing for a quick dissolution as its minority administration found it increasingly difficult to push through legislation.

Sri Lanka’s President has ordered a gazette notice to be printed ordering parliament to dissolved from midnight Friday and elections held on August 17, with the new parliament to reconvene on September 01.

 

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