He said many countries have already pledged financial support to Sri Lanka and the  government aims  to expand trade with western countries rather than obtaining loans from such countries.   The government's monetary policy and financial discipline have mainly contributed to this measure. The local currency is at a stronger position.

Minister Karunanayake made these remarks after a discussion held with the former Finance Minister Ronnie De Mel, at the Ministry.  

Mr. Ronnie De Mel has pointed out that the tax revenue of the government could be increased by strengthening  strategies of Institutions such as the Department of Inland Revenue and the Customs.