Plan is to make Sri Lanka export driven economic hub - Mangala

Our plan is to make Sri Lanka an export driven economic and financial hub of the Indian Ocean, Minister of Finance Mangala Samaraweera has said.

He also said that the government’s plan is to make Sri Lanka an export driven economic and financial hub, while creating unprecedented opportunities in many sectors. 

In order to achieve these objectives, the government has set out a high-level reform agenda in several key sectors of the economy, facilitating and empowering the private sector as the principle engine of growth, he added.

The Ministry said this in a statement issued on Monday following Samaraweera’s official overseas visit to attend the Board of Governors meeting of the Asian Infrastructure Investment Bank which was held in Jeju, Korea.

The Ministry also said it was formulating a new trade and investment policy, tax reforms and various other measures to improve the investor climate in the island country.

(With inputs from Xinhua)