Despite global recession:
Sri Lanka records positive growth rates
Sri Lanka is one of the few countries which has
been able to record positive GDP growth rates in 2009 despite the
global recession. The main reason for this was that President
Mahinda Rajapaksa had a clear policy and a vision towards the
country’s economy, Central Bank (CB) Governor Ajith Nivard Cabraal
said.
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Credit access key for development:
Dairy farm industry very lucrative
Credit access is the key for development and the
development banks throughout the country have given an immense
support to the small and medium entrepreneurs to expand their
businesses. If not for the development banks there would not have
been a large contribution to the GDP from the SME sector. Therefore,
the development banks are vital for a country to introduce
entrepreneurs while expanding the business community.
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Promoting country’s image:
Exsisting investors best ambassadors
Sri Lanka has attracted US $ 2.5 billion worth
of investments for the last four years and with the growing investor
confidence there are more opportunities to enhance the investment
level.
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