Exporters' Association Annual General Meeting held

Sri Lanka is today poised for exponential growth and sustainable progress and development. The peace we yearned, for almost three decades and the political stability fundamental for strong economic growth is a reality.

Speaking at the Exporters' Association of Sri Lanka Annual General Meeting the Guest of Honour and the keynote speaker, Central Bank Governor, Ajith Nivard Cabraal encouraged the high profile House by stating that, despite the state of the world's economy, exports in the first half of the year had demonstrated that the country can achieve growth at around 8.5 percent this year.

He explained the negative impact of inflation and urged exporters to identify niche market demands whilst addressing the aspect of improving productivity. He stated that the government had successfully addressed the establishment of a stable macro- economic platform for business development by regulating and reducing interest rates and the level of inflation.