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Sunday, 28 March 2010

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Macro economic fundamentals, is Sri Lanka on a sound footing?

The 2010 budget is the first post conflict budget of Sri Lanka. The upcoming budget would focus 8% plus economic growth. To achieve this target the Government would have to introduce a reform agenda and modernise Government activities.

The Government will also systematically work towards achieving agreed IMF targets to stabilise economic activity for sustainable development.

Dr. Koshy Mathai on the invitation of Sri Lanka Shippers' Council will discuss and present the IMF position and observations on the current status to the business community of Sri Lanka, on Thursday, 1st April at the Ceylon Chamber of Commerce (CCC) auditorium from 9 am onwards.

The opening remarks would be by the Chairman of the CCC, Dr. Anura Ekanayake.

Dr. Koshy Mathai took up his posting as IMF Resident Representative for Sri Lanka and Maldives in October 2009. Prior to that, he worked on a range of countries including the U.S, Turkey and Zambia.

He has been at the IMF for eleven years. He completed his A.B. (magna cum laude) at Harvard and his Ph.D. at Stanford, both in economics.

 

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