Need to attract domestic savings stressed
To minimize dependency on foreign investments:
Sri Lanka needs to have a mechanism to attract
domestic savings to carry out development activities and generate
necessary funds within the country. Steps enhance the level of
domestic and national savings will minimize dependency on foreign
investments, Wealth Trust Corporation Executive Director Mangala
Boyagoda told Daily News Business.
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Private sector set to recover in 2010
The private sector is expected to make a
substantial recovery in 2010 and the major source of the expansion
of net domestic assets (NDA) will be the increase in credit to the
private sector, Central Bank Governor Ajith Nivad Cabraal said.
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Investors upbeat on Jaffna
Infrastructure development on fast pace:
The Biz Pact Investment Forum - Jaffna,
organized by the Business for Peace Alliance (BPA) was a welcome
effort to the business community in Jaffna and business giants in
Colombo to show potential sectors in the North with the dawn of
peace.
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