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Country could view 2021 as growth year-Cabraal

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He said that with the successful vaccination process and opening up the country, growth is once again picking up and in turn taking help on economic revival. “There were several calls to increase interest rates and taxes but we opted against it as we wanted the businesses to grow and add tax burdens on them. Despite the COVID pandemic we took a step forward and passed legislation in Parliament to woo serious investments to the Colombo Port City and we are now receiving serious inquiries.”

He said that Sri Lanka successfully completed foreign debt servicing on time and the future obligations too would be honored in a similar manner.

“The government has done their part and now it’s up to the business sector also to take some risks, develop new ideas and invest and help to create growth. You must help us to help you all. There should be a two way approach.”

Source DailyNews
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