Premadasa began a programme of reforms that brought the country closer to principles Amaratunga had enunciated, in particular a competitive open economy that did not depend on state patronage, an independent judiciary, and regular free elections. Premadasa for his part wooed Amaratunga and had signed a pact with the Liberal Party just before he was assassinated in 1993.
Ranasinghe Premadasa's efforts led to a series of reforms that brought Sri Lanka closer to Amaratunga's vision, particularly a market-driven economy not reliant on government backing, an independent judiciary, and regular democratic elections. Premadasa also gained Amaratunga's support and had signed a pact with the Liberal Party just before his assassination in 1993.