Wednesday, January 5, 2011

Sri Lanka President unveils 2011 National Economic Programme

By Santhush Fernando in Colombo
Colombo, 06 January, (Asiantribune.com):
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 Sri Lanka President unveiling the National Economic Programme for the year said that during 2011, country’s economy would realize people’s expectations of development launched during the humanitarian operations.


President Rajapaksa in his capacity as the Finance Minister made these remarks addressing the staff of the Finance Ministry for the New Year on Tuesday (January 4, 2011) . Launching the National Economic Programme for this year President Rajapaksa said that the Finance Ministry has a decisive task in the journey towards the development. He added that development programmes already implemented by the government, has earned many commendations from the international community.

Treasury Secretary Dr. P.B. Jayasundara said that economic victories of 2010 surpassed the desired goals and expressed confidence that the country would achieve double digit economic growth soon.

Senior Minister for International Monetary Cooperation Dr.Sarath Amunugama, Deputy Minister Geetanjana Gunawardena, and the staff of the Finance Ministry were also present.

Meanwhile country’s banking and finance watchdog- the Central Bank of Sri Lanka (CBSL) unveiling its ‘Roadmap: Economic and Financial Sector Policies for 2011 and Beyond’, on Tuesday announced that the country in 2010 accomplished rapid decline of poverty levels, low and stable inflation, stable exchange rates, Middle-income Emerging Market Country status among other achievements.

CBSL said that economy maintained historically high foreign reserves levels amounting over US $ 6.6 Billion by the end of 2010. Sri Lanka showed strong growth momentum last year as peace dividend was clearly observed with impressive performance in all sectors and more confidence shown by the business sector, it added.

http://www.asiantribune.com/news/2011/01/05/sri-lanka-president-unveils-2011-national-economic-programme

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