President Anura Kumara Dissanayake has actually highlighted that, because neither he nor his administration has special ties or commitments to any party within the countrys development or business sectors, they are positioned to make choices impartially and decisively for the sake of nationwide economic recovery.These remarks were made during a meeting today (29) with members of the Sri Lanka Banks Association at the Presidential Secretariat, where discussions concentrated on the banking sectors function and difficulties in supporting Sri Lankas financial growth, the Presidents Media Division (PMD) stated in a statement.The President highlighted the crucial value of digitizing Sri Lankas economy, including the implementation of a National Digital ID effort, which he vowed would be finished within a focused timeframe of one and a half years.Acknowledging the difficulties positioned by the economic crisis, President Dissanayake talked about the requirement to secure and support business owners through the banking system, cautioning that any misuse of this support might weaken development.
He stressed that the method ought to guarantee security and shared benefit for both banks and business owners, the PMD mentioned.Discussing the informal sector, President Dissanayake noted its significant function within Sri Lankas economy.
He emphasized that any steps to formalize this sector must focus on the safety and welfare of those currently counting on it for their livelihoods, the statement added.The conversations also attended to Sri Lankas existing obstacles, consisting of extended job timelines and obstacles to keeping investments, often credited to problems like corruption.
The President emphasized that his administration is committed to improving all activities into an easier, transparent, and effective system.Key individuals at the meeting consisted of Bingumal Thewarathanthri, CEO of Sri Lanka Banks Association (Guarantee) Limited, Sanath Manatunge, MD/CEO of Commercial Bank; Hemantha Gunetilleke, CEO of NTB; Mrs.
Ayodhya Iddawela, CEO of Sampath Bank; Damith Pallewatte, Acting CEO of HNB; Ramesh Jayasekara, CEO of Seylan Bank; Kelum Edirisinghe, CEO of NDB; Neranjan Sisil, CEO of Deutsche Bank; and Indrajith Boyagoda, SLBA Secretary General (Designated).