News Line

    Go to Home Back
Email this to a friend
Printable version
Monday, June 02, 2014 - 5.20 GMT

Sri Lanka's economy rapidly growing - GL


Sri Lanka's economy is rapidly growing today and this is amply demonstrated in every sector, External Affairs Minister Prof. G. L. Peiris said.

The Minister was addressing the inauguration ceremony of the 18th session of the Indian Ocean Tuna Commission held at the BMICH yesterday (June 1).

Minister Peiris said that the value of Sri Lanka's exports has reached an unparallelled stage. This has never been achieved at any time in the history of our country.

The Minister said the number of tourists visiting the country has increased and the foreign exchange we earn from our exports too has increased.

We are today witnessing a situation where the economy is growing and that is amply demonstrated in every sector, Minister Peiris said.

However, it is important that the government plays an active role in ensuring that these economic benefits are equally shared by the country as a whole.This is the main feature of the economic philosophy of the President," the Minister said.

He also said the focus on Tuna Fishery is timely as the world is focusing its attention sharply on ocean resources. It is important to introduce an effective and systematic mechanism with regard to enhancing the management and utilization of ocean resources.

It is important for developing countries to think much more seriously about south-south trade and south-south cooperation, he added.

"I think it is very important that we meet the vital economic requirements of our growing population." the minister said.

"Fisheries resources and the use of oceans are major elements of government policy in the developing world to increase per-capita income that would stimulate GDP growth. So we have to concentrate more on the ocean resources," Minister Peiris said.






Contact Information:: Send mail to with questions or comments about this web site.
Last modified: June 02, 2014.

Copyright 2008 Policy Research & Information Unit of the Presidential Secretariat of Sri Lanka. All Rights Reserved.