Lanka has achieved much in a short time - George Soros
The Sri Lanka Economic Forum which concluded on
Friday has identified five key challenges in the economic
development of the country. Director, Centre for International
Development, Harvard University, Prof. Richard Hausman said,
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Water and petroleum under PUCSL soon
Director General, Public Utilities Commission of
Sri Lanka (PUCSL), Damitha Kumarasinghe said the water supply and
petroleum industries will be brought under the Commission’s purview
soon. He was speaking after launching the Commission’s Activity Plan
2016 recently.
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Economic growth decelerating - Ex CB Deputy Governor
Sri Lanka is heading towards a foreign debt
crisis and economic growth is decelerating, former Central Bank
Deputy Governor, W. A. Wijewardene told the economic forum in
Colombo on Thursday. Wijewardene said external payments for the next
12 months will be US dollars 4.5 billion and the import bill will
also rise.
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Lanka welcome to hold trade exhibitions in Pakistan- Premier
Nawaz Sharif
Sri Lanka is welcome to hold and take part in
trade and investment exhibitions in Pakistan which is on a path to
economic prosperity backed by political stability, Pakistan Premier
Nawaz Sharif said last week during his two-day visit to Sri Lanka,
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‘Attracting global capital outflows, a challenge for Lanka’
Despite a gloomy global economic outlook with
many developed economies still facing constraints, there is a silver
lining for Sri Lanka due to global capital outflows from advanced
countries,
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