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Investing in Sri Lanka – by Patrick Ranasinghe Investing in Sri Lanka Video – English  Sri Lanka would have been much developed country and rated top three in tie spears in Asian and south Asia. Electronics now supply sensors Airbus 260 and Colombo Harbour the commercial hub in Indian Ocean for investors, Tourism   if not the highly corrupted politicians who steal public money in every project. It’s well know that Sri Lanka will lose many valuable foreign investments due to asking for commissions from foreign investors by the government’s ministers that Including the Jaffna Tamil regions and community? And employing the future generation for our recovery in the future. ...

May 17, 2022 Posted by In Articles, Patrick Ranasinghe Tagged , , , ,
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The Role of Divestments in Overcoming Present Economic Challenges – by Imesha Dissanayake Source:Sri Lanka Guardian Divestiture can bring in investors with the capacity to invest in expansions. The Government of Sri Lanka (GoSL) has very ambitious plans for the country’s economic transformation including an economic growth expectation of more than 6% during five-year period of 2022-2027. The national budget announced in 2022, forecasts public investments to be at 5.1% of GDP. A similar figure was announced during the last budget as well where it was targeted at 5.4% of GDP but currently the estimate for 2021 is at 3.5%. The total tax revenue estimated in the national budget was an optimistic expectation as well with a growth projection of 50% (LKR 662 billion) in 2022. This is far more than what past budgets had also projected. This increase in revenue is expected to reduce the budget deficit as a percentage of ...

Feb 26, 2022 Posted by In Articles, elanka Finance Tagged , ,
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