CBSL Governor says SL must adopt new industrial strategies

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.

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