Ceylon Chamber Summit to take up post-war, post-election economy

The Ceylon Chamber of Commerce will hold a seminar under the title of ‘Post-War – Post-Election: Is Sri Lanka’s Economy Read to Make the Much-Needed Break’, which will be addressed by Dr. Nandalal Weerasinghe, Deputy Governor of the Central Bank of Sri Lanka.

The event to be held on 20 July, starting at 3:30 p.m. at the Chamber auditorium, is expected to discuss the way forward for the Sri Lankan economy and the much needed break it needs to make the mark in the world stage.

‘Whilst economic indicators are good for the first quarter and with an election coming up, can Sri Lanka maintain or enhance its growth levels during the rest of the year’, ‘How will the improved global economic situation and local economic and political conditions help/affect the Sri Lankan economy’, are the areas that will be discussed at the upcoming seminar, which will have a questions and an answer session as well.

According to the Central Bank, Sri Lanka’s economy expanded by 6.4% in the first quarter of 2015, with positive contributions from all three key sectors of the economy, while going forward, the bank says the prospects of improved performance in advanced economies along with low inflation and low market interest rates are expected to benefit domestic economic activity.