Economic Transformation Bill first step towards economic stability – President

President Ranil Wickremesinghe announced that the government has initiated the first step towards economic stability by submitting the Economic Transformation Bill. He stressed that regardless of which government or leader takes power, it is imperative to adhere to this agreement to effectively rebuild the national economy. The President emphasized that a proper plan is essential for addressing the country’s economic challenges.

President Wickremesinghe made these remarks during the inauguration ceremony of the Cephalosporin Injectable Plant and the unveiling of the “Meldol” Reliable Relief Manufacturing Facility in Ekala on Thursday (06).

The new production facilities, initiated by Sands Active (PVT) Ltd under the Melwa Group, represent a significant boost to the pharmaceutical sector. President Wickremesinghe, who unveiled the plaque and inaugurated the factory, also took an observation tour of the new facilities.