international community again looking at Sri Lanka. – Bandula
Transport, Highways and Mass Media Minister Dr. Bandula Gunawardhna
said that national programmes to strengthen the country economically have
been passed into law for the first time, in accordance with international
standards.
The Minister said this during a press conference in Kandy recently after
observing the development activities taking place in the Kandy city
including the construction of the Getambe flyover with the help of the
Hungarian government. Hungary government representatives were also
present.
The Minister said that the Central Bank Act has suspended the printing of
money for price stabilisation and the Debt Control Act passed by the
Parliament means that no government can borrow at exorbitant rates of
interest.
He emphasised that since the Public Financial Management Act has been
passed, the economic policies cannot be changed at will and accordingly
the preparation of the Budget is done by the contributions of experts
representing the Budget Committee.
