CBSL Governor says SL must adopt new industrial strategies

Date:

By: Isuru Parakrama

Colombo (LNW): Sri Lanka must adopt new growth and/or industrial strategies to direct the country’s industries towards a growth path, emphasised Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe, speaking at a conference yesterday (02).

The CBSL Chief noted that the country’s industrial sector must focus on export-oriented growth, in the necessity to revisit the National Industrial Development strategy in line with dynamics in international markets.

Sri Lanka should transform into an industrial sector of high-technological development, and the country’s entrepreneurs should be supported to gain access to global markets, Weerasinghe added.

Share post:

spot_imgspot_img

Popular

More like this
Related

RTSL Leads Swift Flood Relief after Cyclone Ditwah

In the wake of devastating floods triggered by Cyclone...

Apparel Industry Caught in Policy Drift and Tariff Shock

Sri Lanka’s apparel industry, the country’s largest export earner...

Digital EPF: Reform for Workers or System for Control?

Sri Lanka’s National People’s Power (NPP)–led government has launched...

Colombo Dockyard’s SGIP Shipbuilding Drive Reshapes Maritime Economy

Colombo Dockyard PLC (CDPLC), one of Sri Lanka’s most...