ECONOMYNEXT – Sri Lanka has to integrate with the region and look outward to grow, Deputy Industries Minister Chathuranga Abeysinghe said in a post-budget forum with Deloitte, in partnership with Echelon Magazine. One of the measures announced in the budget was to phase out so-called para-tariffs, which mushroomed after a 25-page gazette put up trade barriers in November 2004, after money printing led to currency depreciation and high inflation. “Now, for us, a small country to grow, the most important thing is how far you integrate with the regional economy,” Deputy Minister Minister Abeysinghe said. “Now, if you really take Sri…
Sri Lanka industry should look outward, integrate with the region: Deputy Minister
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