Economic Growth

Economic Growth

GDP Target: Raise Sri Lanka’s Gross Domestic Product to over US$ 180 billion in the next decade, with the Per Capita GDP expected to exceed US$ 8,000.

Achieving Positive Trade Balance: Aim to bring the trade balance to a positive value within the next decade.

Strong Foreign Reserves: Increase foreign reserves to be sufficient for more than six months of imports.

Government Revenue Up - Expenditure Controlled: Maintain financial discipline, reduce wastage, and manage the budget transparently.

Debt-servicing Economy: Gradually reduce public debt to 80% of GDP.

Stable Rupee: Maintain the rupee’s stability against the dollar through economic growth, remittances, and tourism earnings.

Inflation at Lower Single Digit: Maintain an average economic growth rate of 7% and implement a strategic action plan to reduce the cost of living.

Policy Rates at Single Digit: Maintain interest rates at a single-digit value.

 

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