Megapolis and Western Development Ministry had to face several challenges at the establishment as it was a new experience for the country. Identifying the perfect development projects, doing their feasibility studies and completing them are the main challenges which were faced by the ministry.
Ministry of Fisheries and Aquatic Resources Development following the directions of Prime Minister Ranil Wickremsinghe has made a request through the Ministry of Foreign Affairs to the Government of Norway seeking technical assistance to formulate a National Fisheries and Aquaculture Policy for Sri Lanka.
This year the government is starting a development program with the leadership of the President and Prime Minister, alleviate poverty, reforms in the media sector and establishing of regulatory commissions will also be done said Parliamentary reforms and Media Minister Gayantha Karunathilaka.
The prosperity, measured by the Sri Lanka Prosperity Index (SLPI) which is a composite indicator that measures and compares the level of prosperity of the country and across its provinces, has improved to 0.864 in 2015 from 0.804 in the previous year. Analyzing the movements in 2014-2015 period, the SLPI improved along with the improvements in Economy and Business Climate and Well-being of the People subindices, while there is a moderation in Socio-Economic Infrastructure sub-index.
According to the provisional estimates of the Department of Census and Statistics (DCS), the Sri Lankan economy is estimated to have grown by 4.1 per cent during the third quarter of 2016 compared to the growth of 5.6 per cent in the corresponding period of the previous year.