President to meet business leaders on Thursday
[12 September 2000]

President Chandrika Bandaranaike Kumaratunga will meet business leaders at Temple Trees this Thursday, in what will be the ideal opportunity for the private sector to request urgently required initiatives.

According to official sources this is the customary pre-Budget meeting the President has with the private sector, but it is believed to be following the communiqué of the Joint Forum of Chambers dated August 1 to the President.

In presenting the proposals, business leaders had emphasised that addressing some of the immediate challenges on the part of the government would help private sector to enhance their contribution for greater socio-economic growth in the country.

Despite apparent low business confidence and a lacklustre stock market, the economy as per Central Bank data has been strong with exports posting over 20% growth and second quarter Gross Domestic Product (GDP) achieving a higher 7.4% growth.

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