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Comprehensive economic development plan for next 10 yrs launched
http://sundaytimes.lk/081019/images/Ajith-Nivard-Cabraal.jpg






Governor of the Central Bank Ajith Nivard Cabral stated that a comprehensive economic development plan has been introduced by the government targeting next ten years.

The Mahinda Chinthana Idiri Dekma policy manifesto has clearly elaborated the strategies that are to be carried out under this plan.The Government hopes to raise per-capita income up to four thousand dollars by the year 2016.

He pointed out that the per-capita income of Sri Lanka has been increased from thousand US dollars to two thousand US dollars during last five years due to proper macroeconomic policy introduced by the present government.

The Government is constructing five main harbours. Information technology, communication facilities and many other infrastructure facilities are being developed in Sri Lanka, he noted.

The Governor further said that a healthy environment has emerged to convert Sri Lanka in to the commercial hub of Asia. The  Government has also initiated massive power plants to quell energy crisis and resolve energy matters in next 25 years.

He also said that Sri Lanka can successfully overcome the economic challenge posed by the island due to removal of GSP plus tax concession. He noted that Sri Lanka is now strong enough to absorb any economic shock coming from international level.




Posted on Sunday, March 14, 2010 @ 21:05:41 JST by admin

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