Champika says his ministry can teach financial management
Minister Champika Ranawaka says his Megapolis and Western Development Ministry could teach other state institutions, including the Finance Ministry, a lesson on how to manage their finances properly.
According to him, the Urban Development Authority, Land Reclamation and Development Corporation, Waters’ Edge – institutions that come under him among others – have all been meeting their development targets without having to borrow any money.
All construction projects and foreign investment initiatives undertaken have concluded successfully, he said.
Minister Ranawaka was addressing the foundation-laying for a theme park at Waters’ Edge in Battaramulla.