This year, Sri Lanka can Move from Stability to Realism

🔹 “Committed to removing restrictions on investment” – President

President Ranil Wickramasinghe has emphasized to the international community that in the year 2024, the stage has been set for Sri Lanka to move from stability to realism and growth.

The President said that this possibility has been achieved by the approval of the first review of the program related to Sri Lanka by the International Monetary Fund in December 2023, while attending a business meeting organized by the Sri Lanka Investment Board and the Swiss-Asian Chamber of Commerce in Switzerland recently (15).

It was organized in conjunction with the 54th annual meeting of the World Economic Forum in Switzerland.

The President explained the significant progress achieved in Sri Lanka’s economic recovery and the future growth prospects.

The President also said that there are opportunities to invest in renewable energy, agricultural modernization, tourism, information technology and infrastructure development through public-private partnerships.

The President also mentioned the laws and commissions to be implemented with the aim of improving market access, promoting trade and investment and ensuring the competitiveness of Sri Lanka’s economy.

President Ranil Wickremesinghe has assured foreign investors that he will continue to commit to removing restrictions on investment and economic reforms.