The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
SLTL.NToday at 9:48 amThe Invisible
AEL Technical AnalysisMon Jul 13, 2020 1:37 pmHUNTER
Films - To Watch ListFri Jul 10, 2020 8:33 amyellow knife
Dividend AnnouncementsThu Jul 09, 2020 7:43 pmRana
Rajgama Heroes !Sun Jul 05, 2020 10:05 pmserene
LIOC.N0000 (Lanka IOC PLC)Tue Jun 30, 2020 8:00 amLSE
CFVF - First CapitalSat Jun 27, 2020 10:22 pmHUNTER
RCL - Royal CeramicsSat Jun 27, 2020 4:02 amdesh87
JKH.N0000Wed Jun 24, 2020 9:33 pmThe Invisible
LOLC HoldingsMon Jun 22, 2020 3:40 pmRajapaksap
SAMP.N0000 (Sampath Bank PLC)Fri Jun 19, 2020 1:08 pmdakzsl
HAYC - HaycarbFri Jun 19, 2020 12:04 pmRational Investor
HAYL.N0000 Hayleys PLCThu Jun 18, 2020 7:53 pmNIRMALSG
Gota's EraTue Jun 16, 2020 2:40 pmpuliyanam
Hayleys MGTTue Jun 09, 2020 11:16 amThe Invisible
AEL Access EngineeringTue Jun 09, 2020 11:08 amThe Invisible
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 2413
Join date : 2016-11-28
Age : 40

Postponing reforms will make Sri Lanka lag behind peers, central bank warns Empty Postponing reforms will make Sri Lanka lag behind peers, central bank warns

on Wed Oct 31, 2018 9:22 am
Message reputation : 100% (1 vote)
ECONOMYNEXT – Postponing planned economic reforms will make Sri Lanka more vulnerable to external and internal shocks and stall growth, causing the island to lag behind regional peers, the central bank has warned.

“It is important to facilitate private sector led growth with prudent, consistent and far reaching reforms that support increased productivity in the economy,” it said in its half yearly report on recent economic developments and prospects for 2019.

This was in the backdrop of tightening policy spaces in the monetary, fiscal and external fronts amid subdued economic performance, the central bank said.

“Recent experience has once again displayed the importance of strengthening the economy through structural transformation, while improving the country’s macroeconomic fundamentals,” it said.

“The postponement of much needed structural reforms will only lead to the Sri Lankan economy lagging behind its regional peers, amidst increased vulnerability to internal and external disturbances.”

Therefore, the central bank said, it is essential that such reforms are expeditiously implemented within a transparent framework for Sri Lanka to progress as an upper middle income economy where its human and physical resources are fully utilised in a more productive manner.

(COLOMBO, 31 October, 2018)
Back to top
Permissions in this forum:
You cannot reply to topics in this forum