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Last updateThu, 13 Sep 2018 10am

Business News

Sri Lanka needs reforms to seek new opportunities and a new growth model

World Banks’ Senior Country Economist for Sri Lanka and the Maldives, Ralph van Doorn said Sri Lanka needs reforms to seek new opportunities and a new growth model, to increase and sustain growth. It is also necessary to have a mechanism to create jobs and reduce poverty in the middle term. “It is important to monitor the macro economy by providing technical assistance and advice to the government on topics related to macroeconomics, fiscal policy and public debt management. The best time for reforms is now,” he said at a forum in Colombo last week.

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