-Written By Shantha Jayarathne
(Lanka-e-News -15.March.2025, 5.35 PM) Public approval of the government has soared to 62% in February 2025, a sharp rise from 24% in July 2024, according to the latest ‘Mood of the Nation’ poll by Verité Research. This significant shift reflects growing optimism about Sri Lanka’s economic recovery and governance, marking a crucial turnaround from a period of national uncertainty.
Since assuming office in November 2024, the government of Anura Kumara Dissanayake has faced daunting economic challenges. With a struggling economy and fragile international confidence, the administration had to act swiftly. Just a few months into his leadership, economic indicators are stabilizing, international support is strengthening, and key sectors such as tourism are rebounding. The government’s decisive actions have helped steer the country toward stability.
Public disapproval of the government has plummeted from 60% in July 2024 to just 16% in February 2025. Likewise, the percentage of people rating the economy as “poor” has dropped from 71% to 47%. Effective management of inflation, currency stabilization, and improved food and energy security have been key factors in restoring public confidence.
Transparency in governance, fiscal responsibility, and proactive policy measures have further strengthened trust in the administration. Although challenges persist, the overall trend indicates a government on the right path.
Key economic reforms have driven this shift in sentiment. Improvements in fiscal discipline, foreign reserves management, and debt restructuring have contributed to stabilizing the economy. Inflation, previously a major concern, is now under control, enabling households to better manage expenses.
Internationally, Sri Lanka is regaining investor confidence. The IMF, which once issued cautionary warnings, now views the country’s economic trajectory with optimism. Foreign investments are rising, and the tourism sector is experiencing strong growth, generating foreign exchange and job opportunities.
The government’s initiatives to bolster agriculture, industry, and services have also played a significant role in improving public sentiment. Efforts to enhance food self-sufficiency, expand exports, and attract foreign direct investment have reassured the public. Additionally, advancements in infrastructure, digital transformation, and transportation have reinforced economic optimism.
Social welfare programs have further strengthened the government’s approval ratings. Targeted subsidies, employment initiatives, and financial aid for low-income families have helped mitigate the effects of the economic downturn, fostering a more positive outlook among citizens.
Despite the encouraging progress, significant hurdles remain. While the percentage of people rating the economy as “poor” has declined, it still stands at 47%, highlighting ongoing economic hardships. Addressing cost-of-living concerns, fostering job creation, and implementing long-term policies for sustainable growth remain key priorities.
Maintaining political stability, transparency, and good governance will be crucial in sustaining public confidence. The government must remain vigilant in tackling corruption, improving public sector efficiency, and strengthening the rule of law.
Public trust is a cornerstone of national economic recovery. When citizens believe in their government’s ability to manage crises, they are more likely to support reforms and contribute to national development. Rising approval ratings indicate that Sri Lankans are witnessing tangible improvements in their daily lives, reinforcing their confidence in the administration.
A stable political environment is essential for attracting investment and fostering long-term economic growth. The decline in disapproval ratings suggests that even skeptics are beginning to acknowledge positive changes.
To maintain this momentum, the government must focus on policies that ensure long-term prosperity. Strengthening economic resilience, diversifying industries, and fostering global trade partnerships will be crucial. Equitable development across all regions must also remain a priority.
Key focus areas include controlling inflation, enhancing wage growth, and creating high-quality employment opportunities. Encouraging innovation and advancing technology-driven industries could further transform Sri Lanka’s economic landscape.
The latest poll results highlight a government that has not only regained public trust but has also demonstrated strong leadership during crises. With approval ratings soaring, optimism about Sri Lanka’s economic future is on the rise.
Anura Kumara Dissanayake’s administration has shown that firm leadership and well-planned policies can yield tangible results. However, continued efforts in governance, economic planning, and social welfare will be necessary to sustain this progress.
While challenges persist, the declining disapproval rate and increasing optimism suggest that Sri Lanka is moving in the right direction. The coming months will be critical in determining whether this positive momentum can be maintained. With the right strategies, the government can lead the country into an era of sustained stability, growth, and prosperity.
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by (2025-03-15 12:11:47)
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