President Gotabaya Rajapaksa, addressing the Sri Lanka Economic Summit 2020 today (01), said Sri Lanka’s over-reliance on loans must come to an end and insisted on attracting more foreign direct investments while encouraging local investment to drive the country’s economic growth. Sri Lanka Economic Summit 2020, themed “Roadmap for Take-off: Driving a People-Centric Economic Revival”, kicked off this morning with the patronage of President Rajapaksa. It gives me great pleasure to address you this morning at the inaugural session of the Sri Lanka Economic Summit 2020. Many companies in Sri Lanka have proven their ability to tackle complex manufacturing in some industries. Vocational and technical education, in general, can benefit from much greater private sector investment, for which the Budget also provides incentives.

Source: The Nation December 01, 2020 11:26 UTC