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President Urges Unity Across Political Spectrum to Support IMF Agreement for Economic Stability

President Urges Unity Across Political Spectrum to Support IMF Agreement for Economic Stability

In a significant address at the United National Party’s (UNP) May Day rally in Colombo, President Ranil Wickremesinghe called upon political parties, including the Samagi Jana Balawegaya (SJB) and Janatha Vimukti Peramuna (JVP), to unite in support of the International Monetary Fund (IMF) agreement for the nation’s economic stability.

With the theme of “A proud Nation that will never fall again,” the May Day rally witnessed a notable turnout from party members across the island, showcasing a diverse political landscape. Among the attendees was Dr. Gayashan Navanandana, a Member of Parliament representing the Monaragala District and affiliated with the Sri Lanka Podujana Peramuna (SLPP), who expressed support for the UNP.

President Wickremesinghe emphasized the imperative of safeguarding the IMF program, highlighting the risk of regressing to the economic situation of 2022 if traditional political stances interfere with the agreement’s success.

Addressing the gathering, President Wickremesinghe reiterated the UNP’s role in revitalizing the economy, despite previous doubts about the party’s viability. He underscored the historical resilience of the UNP in overcoming challenges and steering the nation towards progress.

The President acknowledged the vibrant democracy exhibited through May Day rallies nationwide, noting the participation of various political parties and ideologies. He highlighted the significance of democratic principles, referencing the opposition leader’s May Day rally held at Chatham Street, symbolizing the restoration of democratic norms.

Reflecting on recent political transitions, President Wickremesinghe recounted the circumstances leading to his assumption of leadership following the collapse of the political system. Despite challenges and opposition, he emphasized the government’s commitment to forging ahead for the nation’s benefit.

In outlining the country’s economic achievements, the President pointed to the strengthening of the rupee, increased tourism, and agricultural success. He acknowledged the challenges faced and tough decisions made to stabilize the economy, urging collaboration across party lines to maintain progress.

President Wickremesinghe stressed the importance of supporting legislation aligned with IMF conditions for economic stability and development. He called upon the SJB, JVP, and other parties to prioritize national interests and join efforts to secure the nation’s future.

Looking ahead, the President outlined plans for transitioning towards an export-based economy, emphasizing the need for job creation and youth empowerment. He proposed comprehensive measures to modernize the rural economy and improve social security, urging unity in advancing the nation’s economic transformation.

In concluding his address, President Wickremesinghe reiterated the call for political unity and collective support for initiatives aimed at securing the nation’s economic stability and prosperity.

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