Sri Lanka should record a good economic growth
Sri Lanka should record 8-10 per cent economic growth rate in the
coming years. Despite the war an economic growth rate of 5 percent was
achieved last year.
Now the major obstacle is over and the country should gain a much
higher growth rate, said Chairman, Ceylon Chamber of Commerce, Dr. Anura
Dr. Ekanayake was speaking at the first annual conference 2009 on
Managing with a 'Can Do Approach' organised by the Institute of
Certified Professional Managers (CPM). "There has to be a sustainable
growth in the agriculture, livestock and fisheries sectors and not just
"The accelerated resettlement and the opening of the A-9 Road should
encourage more development activities in the North and East", he said.
There has to be a change in the over dependence on export of
unskilled labour, State funded infrastructure utilities and inefficient
bureaucracy to develop the economy. Director, Post Graduate Institute of
Management, Dr. Uditha Liyanage said strategy is all about the role and
the scope of an organisation or a corporate entity not one forecasting,
making decisions or planning.
"Corporates need to be agile and develop strategies to meet new
challenges", he said.
Member, National Economic Council, Dr. Lloyd Fernando said public
sector facilitation is vital to expedite the development through the
"The public service should not be subservient to any government but
should facilitate economic development", he said.