Dr. Dayan Jayatilleka
A bill named the ‘Economic Transformation Bill’ (ETB) was tabled in parliament this month by President Ranil Wickremesinghe while the country is debating whether Parliamentary or Presidential elections should be held first. Both are due within the next 12 months.
In Parliament in August 2000, Ranil Wickremesinghe’s UNP torched copies of President Chandrika Kumaratunga’s draft Constitution with its expansive autonomy provisions and tricky transitional arrangements. In 2024 the Opposition should do the same to Ranil’s Economic Transformation Bill, with far better reason.
The ETB is the line of decisive demarcation in Sri Lanka’s politics and contemporary history. It will impact the Presidential and Parliamentary elections.
National People’s Power (NPP) party Economic Council member Sunil Handunetti announced on 23 May that the party will take legal action against the Government’s proposed ETB, which the government has said is aimed at bolstering the country’s economy.
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