Sri Lanka’s business chamber calls for early election, says overseas business community is conce...

- LBO.com

Mar 26,2015 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce said, that the government should calls for early parliamentary election without a delay , so that policies can be formulated and implemented to kick-start the economy and exploit its true potential.

“We once again reiterate the need for conducting parliamentary elections without delay,” the chamber said in a statement.

“The contradictions emerging from amongst the diverse political forces currently forming a coalition government are leading to instability,”

“The business community is concerned as are potential investors from overseas,”

“The mandate for the present government was to implement a 100 day program & currently more than 30 days have passed from the date Parliament was meant to be dissolved, i.e. 23 rd April,”

“National policies including those relating to the economy are on the back burner pending a general election and the formation of a government with an appropriate mandate,”

“It is imperative that such a government is elected to office at the earliest so that policies can be formulated & implemented to kick-start the economy and exploit its true potential. “

The chamber also asked all the political parties to nominate candidates with an unblemished record strictly abiding by the criteria outlined in the March 12 th Declaration.

“This would be the first step towards establishing a political culture that truly serves the needs of the people of Sri Lanka.”

The full statement reproduced below :-

The Ceylon Chamber statement on the ‘March 12 th Deceleration’ The Ceylon Chamber of Commerce is pleased to announce the endorsement of the ‘March 12 th Declaration,’ an initiative of PAFFREL and the ‘Citizens’ Collective’. The declaration identifies a minimum set of criteria that political parties should use when selecting candidates to face all future elections.

We strongly believe that a political culture enshrined with true democratic ideals, free of corruption and other social malice are an absolute necessity for a truly productive and competitive private sector.
Such a culture will help attract quality investment, both local and foreign, enhance international trade and create an environment conducive to achieving inclusive and sustainable economic growth thus fulfilling the aspirations of all our people. We strongly believe that the time has arrived to foster such qualitative change in the political culture of our nation. In this context, we applaud this most important initiative taken by PAFFREL & Citizens’ Collective. We are also pleased to note that almost all political parties have endorsed the March 12 th Declaration thus demonstrating their commitment towards establishing such a political culture.

In this context, we applaud the decision taken by The President in not extending the tenure of Local Government Institutions thus paving way for the people to exercise their franchise and select those whom they believe can serve them best. We consider this a positive step in reinforcing democratic ideals and good governance in the Country.

In the same tenor, we once again reiterate the need for conducting parliamentary elections without delay. The contradictions emerging from amongst the diverse political forces currently forming a coalition government are leading to instability. The business community is concerned as are potential investors from overseas. The mandate for the present government was to implement a 100 day program & currently more than 30 days have passed from the date Parliament was meant to be dissolved, i.e. 23 rd April. National policies including those relating to the economy are on the back burner pending a general election and the formation of a government with an appropriate mandate. It is imperative that such a government is elected to office at the earliest so that policies can be formulated & implemented to kick-start the economy and exploit its true potential. However, in the event there is consensus amongst political parties that other constitutional amendments – including electoral reforms – are vital before parliamentary elections, we urge that such enactments are expedited considering the serious impact that any delay & the associated uncertainty has on the national economy.

Elections, both at national and local government level are in the offing and the Chamber reiterates that the onus is now on the leadership of all political parties to demonstrate their true commitment indeed by nominating candidates with an unblemished record, strictly abiding by the criteria outlined in the March 12 th Declaration. This would be the first step towards establishing a political culture that truly serves the needs of the people of Sri Lanka.

The Chamber whilst endorsing this timely initiative, assures its fullest & continued support to propagate the important ideals set out in the March 12 th Declaration and in realizing the objectives enshrined therein.

You may also like

- island.lk

Friday 19th April, 2024 One wonders whether the Parliament of Sri Lanka, which is full of self-righteous members who moralise to the point of queasiness, has taken upon itself the task of serving as a moral compass of sorts for the nation. Its sessions are characterised by endless tub-thumping. During the past several weeks, Parliament […]

- island.lk

By Emeritus Professor Asoka Nugawela Former Director, Rubber Research Institute of Sri Lanka and Chair Professor of Plantation Management, Wayamba University of Sri Lanka The natural rubber production in the country declined from 89 thousand metric tons in 2015 to 70 thousand metric tons in 2022 according to available statistics. This level of natural rubber […]

- island.lk

Dialog Axiata PLC (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti Airtel”) (collectively “the Parties”), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel...

- island.lk

By Uditha Devapriya and Pasindu Nimsara No Avurudu would be complete without an Avurudu Ulela. It has become part of our national social calendar, an event that must be organised, a tradition that must be kept. Practically every institution, from nurseries to universities to companies to Rotaract Societies, has a shot at holding one. The […]

- island.lk

by Dr. Santhushya Fernando, Dr. Laleen Jayamanne and Professor Sumathy Sivamohan We, three academics, coming from three different intellectual disciplines (Medicine, English Literature, Theatre and Film Studies) worked alongside each other here so as to understand this mysterious process of a ‘will to abstraction’ or non-objective art, evident in Sarath’s work. None of us are […]

- island.lk

by Dr B. J. C. Perera In the gigantic tapestry of humanity, there are those rare individuals who emerge as beacons of light, illuminating the path for others, with their wisdom, compassion, and altruism. Dr A. T. Ariyaratne, the esteemed Founder of the Sarvodaya Movement of Sri Lanka, was undeniably one such luminary; a man […]

Resources for Sri Lankan Charities:View All

How important are accountability and transparency for a charity to receive international donations
How important are accountability and transparency for a charity to receive international donations

Sri Lankan Events:View All

Sep 02 - 03 2023 12:00 am - 1:00 am Sri Lankan Events - Canada
Sep 09 2023 7:00 pm Sri Lankan Events - Australia
Sep 16 2023 6:00 pm - 11:30 pm Sri Lankan Events - USA
Oct 14 2023 8:00 am Sri Lankan Events - UK

Entertainment:View All

Technology:View All

Local News

Local News

Sri Lanka News

@2023 - All Right Reserved. Designed and Developed by Rev-Creations, Inc