Saturday Nov 02, 2024
FT
Saturday Nov 02, 2024
Thursday, 31 October 2024 04:53 - - {{hitsCtrl.values.hits}}
President Anura Kumara Dissanayake on Tuesday met with a delegation from The National Chamber of Commerce (NCCSL) and discussed measures to enhance economic growth.
The President had announced that the entire country will undergo digital transformation within the next three years under his administration. He highlighted that digitisation holds the potential to elevate Sri Lanka’s global standing and confirmed that the Government has already begun implementing related initiatives.
The President’s Media Division said the NCCSL members also pledged their support for economic development efforts on a voluntary basis, without compensation.
The discussion covered the challenges and future objectives in various sectors, including insurance, banking, construction, tourism, plantation industries, and small and medium-sized enterprises.
The President emphasised that the Government is actively working on economic reconstruction and has introduced tax concessions for public benefit. He also noted that energy autonomy is a priority in decisions regarding the electricity and energy sectors. The upcoming Electricity Act aims to promote energy autonomy as a foundational goal.
President Dissanayake further stated that reforms addressing inefficiency and employee management within the Electricity Board are underway to enhance public service delivery.
The President stated that the Government aims to significantly reduce electricity bills over the next few years.
President Dissanayake also highlighted that expanding the export sector and exploring new international markets is a key priority for the diplomatic service. To achieve this, the Government is appointing skilled and capable officers to diplomatic roles.
Attendees at the event included NCCSL President and GSH City Hotel Managing Director/CEO Deepal Nelson, Secretary and Region Renewables Managing Director/CEO Dr. Lakmal Fernando, Ceylinco General Insurance Managing Director Patrick Alwis and Pan Asia Bank Director/CEO Nalin Edirisinghe among others.
