Prakriti Sofat, a regional economist with Barlcays Capital in Singapore, offers a favourable opinion on the economy of Sri Lanka what is likely to happen in the next couple of years. Investment in Sri Lanka currently seems to be a safe bet at the moment. Fiscal deficit is down from 8% from 10.3% in 2009 - new fisical refroms are now underway and tax refrom needed to meet IMF's budget deficit target of 5% of GDP in 2012 also is on track.
Sri Lanka In A Sweet Spot? ....A CNBC Report (04/10/2010)
kapilaweer 1 year ago