Sunday, February 18, 2018 10:46:00 PM

GOOD GOVERNANCE NECESSARY TO ACHIEVE GOVERNMENT’S ECONOMIC VISION–Jehan Perera

By Samantha - Mon May 09, 2:54 am

The re-opening of the EU fisheries market to Sri Lankan exporters came as a welcome success to the government at a time when it needs to show some tangible progress on the economic front to the people. The main criticism of the government amongst the general population is the absence of economic development and poverty alleviation in their lives. While a relatively small fraction of the population travels in luxury private cars, the general public continues to hang on to the footboards of overcrowded trains for their daily commutes to their workplaces and back with some of the train engines and carriages well past their fortieth year in service. Even those sections of the population who voted for the government at the last two national elections that saw the defeat of the old one are bemoaning the lack of economic progress in the present.

The government leaders spell out a vision of Sri Lanka as an economic hub of the region, but there is a disconnect as the general population’s experience of hubs related to the economy are the village and town markets which is what they are familiar with. The rising cost of living and absence of visible development, and job creation, are the chief observations they have to make about the economy. In this context the lifting of the fisheries ban by the EU which was imposed on the country over a year ago, will indeed imrprove the livelihoods of several thousands of fisher families and those who are at the bottom of the economic pyramid and help to improve the economy in general. The ban was imposed due to the failure of the previous government to comply with international standards and adequate control systems to tackle the problem of illegal fishing.

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