Sri Lanka to remain as 2nd best performing world economy behind China

[Skyline]

Thursday, 26 January 2012 - 01:03 PM

Sri Lanka’s current economic growth rate of around 8.3 percent would rank the country among the top four performing economies in the world.

Minister of Economic Development, Basil Rajapaksa said that an IMF study had predicted that Sri Lanka would remain as the second best performing economy in the world next year, after China.

The minister said that war-torn countries such as Vietnam, Germany, Japan and Korea had taken many years to return to normalcy while in just two years after the war Sri Lanka could be among the top four economies in the world.

He said that Sri Lanka still has to narrow the export and import gap. The main reason for such a gap to exist is the dependency on essential items that could be produced in Sri Lanka.

S.L. To remain as 2nd best performing world economy behind China

 

[Chinese-Dragon]

Sri Lanka's growth rate is truly impressive.

Especially after having beaten those LTTE terrorists, Sri Lanka has recovered so quickly already.

I am very happy that the 2nd fastest growing economy in the world, is one of our brothers from Asia.

 

[skyknight]

Congrats to Sri Lanka！

 

[Avisheik]

Great work by sri lanka. With the LTTE gone and peace is being restored, i forsee a huge jump in tourism, not to mention foreign investment

 

[Varunastra]

CONGRATS TO SRILANKA!!!.........shouth asia should become a major economic hub!!!

 

[Shardul.....the lion]

Congratulations to sri lanka.

may whole of asia prosper into a developed continent sooner than later.....

 

[Sasquatch]

Great work Sri Lanka.