Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Daily Foreign Transactions
by ruwan326 Today at 7:17 am

» EAST looks promising
by prabath Yesterday at 7:15 pm

» CTCE share holders get 1000 per share
by prabath Yesterday at 7:14 pm

» What companies to consider?
by mark Yesterday at 4:25 pm

» How to pick winning stocks by analysis not through predictions and gossip news-1
by ruwan326 Sat Jul 21, 2018 9:12 pm

» six-rules-to-follow-when-picking-stocks
by ruwan326 Sat Jul 21, 2018 8:59 pm

» MARKET CRASH - GUARANTEED
by samaritan Sat Jul 21, 2018 11:45 am

» BPPL going to be a gem
by ruwan326 Fri Jul 20, 2018 8:23 pm

» Sri Lankan shares close at 3-week high; Keells leads
by Miss-Sangeetha Fri Jul 20, 2018 7:40 pm

» expo.. @4.00
by Sameerad Fri Jul 20, 2018 12:26 pm

» ASI And The Future of Investors
by ruwan326 Fri Jul 20, 2018 9:45 am

» Keells Foods net profit grows 34-pct in June quarter, revenues up
by DS Wijesinghe Thu Jul 19, 2018 10:26 pm

» LAST CHANCE TO BUY ALHP BELOW 1.30
by ruwan326 Thu Jul 19, 2018 9:05 pm

» LDEV GEARING UP
by ruwan326 Thu Jul 19, 2018 8:56 pm

» World Bank and Dept. of Commerce elevate Sri Lanka int’l trade to global info platform
by ruwan326 Thu Jul 19, 2018 7:19 pm

» Market will be Green today
by ruwan326 Thu Jul 19, 2018 6:52 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » RAVI, HARSHA vow to put economy right

RAVI, HARSHA vow to put economy right

Go down  Message [Page 1 of 1]

1 RAVI, HARSHA vow to put economy right on Wed Sep 09, 2015 2:13 pm

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
RAVI, HARSHA vow to put economy right


The Government yesterday promised it would put the economy right to achieve a sustainably high growth rate whilst helping investors.6
Sri Lanka’s current economic model is unsustainable and “dramatic change” is needed if the country is to improve the growth rate, according to Parliamentarian Dr. Harsha De Silva.
Speaking at an interactive luncheon meeting yesterday with former US Deputy Secretary of State Richard Armitage, Dr. De Silva added that major reforms could be expected within the next year as a result.
“Looking at the long-term sustainable growth for this country, certainly we need to increase our exports, because our model is not sustainable. We thought we were growing at 8% but now we realise we’re only growing at 4%. So to get to double digits is a huge challenge,” he said, addressing an audience which included business leaders.
 “I think we need to really sit down and think ‘what is our plan?’ and work towards it. I think trade agreements, investments, the relaxing of rules and regulations, liberalising of factor markets, all these become critical in getting our act together. So I see major changes and huge legislative, ministerial and State enterprise reforms in the next 6-12 months, because unless we do that we will be unable to unleash the capacity [of the country]. So look forward to dramatic change.”
Meanwhile, Finance Minister Ravi Karunanayake, who was also in attendance, spoke of Sri Lanka’s goal to be a transit point for trade with their Asian neighbours.
“This (Sri Lanka) is an investment for the future. We from Sri Lanka will certainly ensure that matters here are rectified so that we put ourselves on an even playing field in the world, but all we want do is to ensure that American investors look at Sri Lanka as an opportunity. The free trade agreement in India is a wonderful opportunity. That market access as a supply chain is something which is underestimated,” he noted.


http://www.ft.lk/article/468161/Ravi-K--Harsha-vow-to-put-economy-right--help-investors#sthash.4e0xn5Dk.dpuf

2 Re: RAVI, HARSHA vow to put economy right on Fri Sep 11, 2015 10:52 am

sureshot

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
The Big RAT & The Big FROG will eat the country ......

3 Re: RAVI, HARSHA vow to put economy right on Mon Sep 14, 2015 4:44 pm

fireshelter

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very Happy Very Happy Very Happy

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum