FDI exceeds $1 billion in 2011 - President

FDI exceeds $1 billion in 2011 - President

December 21, 2011   08:58 pm

-
President Mahinda Rajapaksa on Wednesday said foreign direct investment into the country has already exceeded a record $1 billion this year.

“For the first time, foreign direct investments into this country have exceeded $1,000 million,” President Rajapaksa, who is also the Minister of Finance and Planning, told the Parliament when he participated in the 2012 final budget vote, reports Reuters.

The Budget was passed in Parliament today (Dec. 21) with 158 MPs voting for and 60 voting against.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed

Most Viewed Video Stories