Colombo, Sri Lanka – In a decisive moment for Sri Lanka, as the nation steers through the tempest of economic recovery and political renewal, Ravi Karunanayake steps forward with a vision that marries vast experience with a bold, transformative agenda. This year as Sri Lanka braces for pivotal presidential and parliamentary elections, Karunanayake, the architect of economic reform and a stalwart of democratic resilience, announces his candidacy. His bid is not merely a political manoeuvre but a clarion call for economic rejuvenation and governance reform.
Karunanayake’s illustrious journey from the corridors of finance to the forefront of Sri Lankan politics has been propelled by his unwavering dedication to public service and his acute financial acumen. Amidst the echoes of past achievements and the challenges of an unprecedented economic downturn, his campaign emerges as evidence of a lifelong commitment to lifting Sri Lanka to new heights of prosperity and global stature.
Background and Political Journey
The political backdrop of Sri Lanka, rich in its history and complexity, has been shaped by figures of unwavering commitment and visionary leadership. Among these stalwarts, Ravi Karunanayake stands distinguished, embodying a legacy of service that transcends mere political accomplishment. His journey, marked by principled action and dedicated service, reflects a deeprooted commitment to the prosperity and well-being of the Sri Lankan people.
Karunanayake's foray into politics was inspired and nurtured under the mentorship of the late Hon. Lalith Athulathmudali, an iconic figure whose intellect and governance left an indelible mark on Sri Lanka. This tutelage, coupled with Karunanayake's inherent zeal for public service, set the foundation for a career that would span the highest echelons of political office. In 1994, he was nominated as the youngest Member of Parliament, embarking on a legislative journey that would see him championing economic reforms, social welfare, and international diplomacy with equal fervour.
Throughout his tenure, Karunanayake's principles remained unshaken, even when faced with the tumultuous waters of political discord. His decision to serve as an independent MP in 1995 underscored a dedication to national interest over party lines, a theme that has characterized his political philosophy. His acumen for finance and commerce was soon recognized, catapulting him into the role of Minister of Finance in 2015. Within days of his appointment, Karunanayake presented an interim budget that heralded historic relief for the people of Sri Lanka, showcasing his capability to marry financial expertise with empathetic governance.
The "People's Budget" of 2017, a landmark initiative under his stewardship, was crafted through an inclusive consultative process, embodying his belief in democratic governance and participatory policy-making. This budget, alongside his numerous economic policies, played a pivotal role in stabilising and stimulating Sri Lanka's economy, even as it navigated global uncertainties and local challenges
Karunanayake's political journey is punctuated by significant milestones: from the youngest nominated member of Parliament in 1994 to his influential roles as Cabinet Minister of Trade, Commerce & Consumer Affairs, and later, as the Cabinet Minister of Finance. Each position served as a platform for Karunanayake to implement his vision for a thriving, resilient Sri Lanka, underscored by economic stability and inclusive growth.
Beyond the halls of Parliament, Karunanayake's leadership extended to the global stage as the Cabinet Minister of Foreign Affairs and later, Power, Energy & Business Development, positions through which he sought to enhance Sri Lanka's international standing and foster sustainable development. His tenure in these roles was marked by strategic diplomacy and initiatives aimed at securing energy independence, attracting foreign investment, and enhancing the nation's infrastructure.
Ravi Karunanayake's political odyssey, from a young parliamentarian under the guidance of Lalith Athulathmudali to a statesman with a vision for Sri Lanka’s resurgence, mirrors his commitment to service and excellence. His journey is a testimony to the impact of principled leadership and strategic governance in shaping the destiny of a nation.
Leadership and Achievements
Ravi Karunanayake’s tenure in various ministerial capacities has been characterised by visionary leadership and a relentless pursuit of excellence. His approach, grounded in empathy and bolstered by a robust understanding of global finance, has led to significant milestones that not only shaped Sri Lanka’s economic landscape but also enhanced its social fabric.
Karunanayake’s role as Finance Minister was marked by innovative economic stewardship. The interim budget he introduced in 2015, merely seventeen days into his tenure, was revolutionary, providing unprecedented relief to millions. This budget significantly reduced the cost of living, alleviated the burden on small and medium enterprises, and laid the groundwork for sustainable economic growth. Furthermore, his astute management of the national budget and fiscal policies earned Sri Lanka global recognition, stabilising the economy at a time when global uncertainties loomed large.
The “People's Budget” of 2017, crafted under Karunanayake’s guidance, was a pioneering effort in participatory budgeting. By soliciting input from the general public, he ensured that the budget was reflective of the populace’s needs and aspirations, a true embodiment of democratic governance. This budget focused on long-term economic stability, reducing disparities, and promoting inclusive growth, highlighting Karunanayake’s commitment to a governance model that prioritises the well-being of all citizens.
Karunanayake’s financial expertise and successful implementation of reformative economic policies did not go unnoticed. In 2017, he was awarded the prestigious title of "Best Finance Minister" in Asia-Pacific by The Banker, proof of his adept handling of Sri Lanka’s economy and his innovative approach to fiscal management. This accolade was not just a personal achievement but a moment of pride for Sri Lanka, showcasing the nation’s resilience and potential on the global stage.
Karunanayake’s leadership extended beyond economic reform. As the Cabinet Minister of Foreign Affairs, he championed Sri Lanka’s interests on the international stage, enhancing its diplomatic relations and forging strategic partnerships. His tenure as Minister of Power, Energy, and Business Development was equally impactful, focusing on energy independence and sustainable development. Through strategic initiatives, he aimed to ensure that Sri Lanka was on a path towards becoming a self-sufficient, green economy.
Throughout his political career, Karunanayake has been a vocal advocate for transparency and accountability in governance. He has consistently pushed for reforms that enhance the integrity of Sri Lanka’s political and economic systems. His leadership style, marked by an unwavering dedication to the principles of fairness and justice, has inspired many and contributed to a culture of ethical governance.
Moreover, Karunanayake’s efforts to engage the youth and empower the next generation of leaders reflect his belief in the transformative power of inclusive governance. By encouraging active participation and fostering a sense of civic responsibility, he has played a crucial role in shaping a future where governance is characterized by inclusivity, innovation, and integrity.
Ravi Karunanayake’s achievements and leadership narrative are not just chapters in Sri Lanka’s political history but are indicative of a broader vision for the nation—a vision where prosperity is sustainable, governance is transparent, and democracy is vibrant. His journey, punctuated by significant achievements and global recognition, underscores a legacy of service that continues to inspire and impact Sri Lanka and beyond.
Vision for the Future and Election Campaign
As Sri Lanka stands at the threshold of a new chapter, Ravi Karunanayake is the present ruling United National Party’s District Leader for Colombo, a vital economic and administrative centre.
Ravi Karunanayake vision for the nation is both clear and compelling. Central to his election campaign is the promise of a resilient economy, robust democratic institutions, and a society where prosperity is shared by all. Karunanayake envisions a Sri Lanka that not only overcomes its present challenges but also secures its place on the global stage as a beacon of stability, innovation, and inclusivity.
His campaign is built on the foundation of his extensive experience, particularly in economic management and governance, aimed at ushering in a period of sustainable development and social equity. Karunanayake is committed to policies that stimulate economic growth while ensuring environmental sustainability, championing renewable energy, and fostering technological innovation as pillars of Sri Lanka's future.
In a year that could define the nation's future for generations, Karunanayake seeks to encourage foreign investment and strengthen international alliances. His aim is not just to address the immediate economic concerns but to lay down the groundwork for a future where education, healthcare, and access to opportunities are enhanced for every Sri Lankan.
Ravi Karunanayake's campaign is a call to action for those who dream of a brighter future for Sri Lanka. It's an invitation to join hands in creating a resilient, prosperous, and a united nation.
In conclusion, in the face of unprecedented challenges, Ravi Karunanayake stands ready to lead Sri Lanka towards a future marked by prosperity, stability, and unity. With a career defined by service, innovation, and integrity, Karunanayake offers not just hope but a tangible plan for revitalising Sri Lanka.
