The report was prepared by Advocata Institute Senior Research Fellow and Central Bank of Sri Lanka (CBSL) former employee Dr. Roshan Perera. After addressing the imbalances through this in the external sector, she said it is required to address the fundamental imbalances in the economy such as addressing the forex deficit or addressing savings rates. Moreover, she said that Sri Lanka needs to have a comprehensive review of the tax system. For the external sector and the trade sector, Sri Lanka needs policies to support trade and investments such as global production networks, trade return and improving trade facilitation. Economic growthJust as a country needs macroeconomic stability it also needs economic growth,.

Source: The Nation September 18, 2021 18:45 UTC