Incremental wealth imperative for long-term economic stability

"To create long-term economic stability, the creation of incremental wealth is imperative," said former chairman HNB Rienzie Wijetilleke at a luncheon meeting organised by the Sri Lanka-Italy Business Council of The Ceylon Chamber of Commerce.

"While credit should be given to the Government for taking suitable measures to control inflation and stabilise the exchange rate, it is also important to accept that these measures will be beneficial to short and medium term progress. It is in this context that the creation of incremental wealth becomes imperative to create long-term economic stability."

The meeting focused on the strategy for national economic development for local businesses.

The council will have a series of luncheon meetings in the next few months, where reputed persons will speak on topics related to the economy, current affairs and business making their membership meaningful.