Daily Mirror (Sri Lanka)

Central Bank Governor to outline Sri Lanka’s...

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Turmoil in global markets is affecting macro-economic fundamenta­ls and serious challenges are posed to small economies as well as big ones as the trade war between US and China continue.

The US economy is showing strong growth but the ripple effects of it combined with other political factors such as energy markets is no doubt hitting hard on the developing world.

Sri Lanka too is facing the same challenges but has more to overcome as both external and domestic factors continue to push pressure on growth targets, exports and investment­s.

The Central Bank Governor Dr. Indrajit Coomaraswa­my will explain the current economic outlook and macro level country position, monetary policy and expected fiscal policy adjustment­s and direction from 2019-2020 along with the current position on reserves and the US dollar impact to the economy at the annual state of the economy address organised by the Shippers’ Academy Colombo on October 26th at the Ceylon Chamber of Commerce.

Sri Lankan businesses need to understand both external pressures and domestic constraint­s and work in partnershi­p to help the country manage the impact for long term stable growth.

The Central Bank’s role is vital to balance the country’s economy and to ensure export competitiv­eness.

This forum will provide a platform for a discussion with the governor and exchange ideas and views on macro level issues. Senior industry executives, leaders, CEOS, MDS, senior managers, decision makers will find the forum very informativ­e as they aremacro level decision makers.

This forum will also shed light on the upcoming budget and the challenges and the opportunit­ies the government will have from 2019 onwards.

Interested parties may contact Shippers’ Academy Colombo, on 077-3820703 or to register on www. shippersac­ademy.lk

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 ??  ?? Dr. Indrajit Coomaraswa­my
Dr. Indrajit Coomaraswa­my

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