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Ranil is ready to invest people’s EPF-ETF funds abroad! I Sri Lanka Latest News

October 5, 2023
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Ranil is ready to invest people’s EPF-ETF funds abroad! I Sri Lanka Latest News
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President Ranil Wickremesinghe had proposed in the Parliament that the money in the employee provident and employee trust funds should be invested in foreign countries. Sri Lanka Latest News

President Ranil Wickramasinghe,

“It is expected that both ETF and EPF will be combined and operated under an independent board. We need both ETF and EPF. The problem is whether other independent funds need to be included. The other thing is whether we should approve their money.”

“Currently we only give to the government. Part of it should be given the opportunity to invest in foreign countries. I think we should do it. Savings of the people of this country. Therefore, the money can be invested in foreign countries.”

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