- The country risks losing its gains unless driven by a sound economic system.
- The goal is to enhance cinnamon cultivation and bolster the export economy – President.
President Ranil Wickremesinghe emphasized that the country’s progress would be undone without the implementation of a proper economic system. He stated that some individuals are spreading various statements aimed at undermining the economy and emphasized that falling prey to such false propaganda could lead to a permanent economic collapse.
The President made these remarks while attending the opening of the main office of the Department of Cinnamon Development in Karandeniya, Galle today (10).
A new department dedicated to the cultivation of cinnamon, called the Department of Cinnamon Development, was established and inaugurated following a proposal by President Ranil Wickremesinghe in the 2023 budget.
President Ranil Wickremesinghe also launched the official website of the Department of Cinnamon Development.
During the event, he was presented with a ten-year road map for the promotion of the cinnamon industry and the “Cinnamon Handbook,” a technical publication on cinnamon cultivation.
Additionally, President Wickremesinghe awarded GAP and GI certificates to selected cinnamon entrepreneurs.