New govt. to follow Trump-Musk model of Capitalism? A surer path to prosperity?
Background of the article The new government that has been labelled as the conventional leftist has chosen the IMF-Dollar debt based restructuring of the economy. This is intended to enter the dollar-based international capitalism as the country's new growth model. Last two days, the govt. announced two new policies of seeking government efficiency, primarily through restructuring of 166 non-commercial state institutions, and Clean Sri Lanka through the state and private sectors. The govt efficiency policy is clear from the Cabinet meeting held 19th (Download the short video here) and the President's speech on the status of public service yesterday (Download the short video here) . Meanwhile, the whole US November 2024 Presidential election campaign of Donald Trump with the support of Elon Musk primarily promised two policies, i.e., to boost the Dollar to be the global reserve currency again and setting up a department of government efficiency t...