Posted by Udaya Arunakantha on June 21, 2026 – 10:29 am
Deputy Minister of Trade and Entrepreneurship Growth Chathuranga Abeysinghe
Sri Lanka goals to turn out to be a US$300 billion financial system throughout the subsequent decade by reforms, overseas funding, and stronger world partnerships, Deputy Minister of Trade and Entrepreneurship Growth Chathuranga Abeysinghe mentioned.
Abeysinghe made these remarks after taking part in a particular session on overseas funding and financial diplomacy organized by the Ministry of International Affairs not too long ago.
In response to him, the principle goal of the session was to place Sri Lanka as a steady and dependable accomplice within the world market whereas strengthening the nation’s export-driven financial system.
He famous that Sri Lanka is present process a serious financial transformation and is shifting past the financial difficulties, corruption, and challenges skilled in earlier many years. He mentioned the folks of Sri Lanka have chosen a brand new path based mostly on transparency and sound insurance policies.
Abeysinghe said that the federal government is finishing up basic reforms throughout a number of sectors, together with training, healthcare, environmental safety, and digital know-how. He added that the aim is to boost Sri Lanka to the extent of quickly creating nations reminiscent of Vietnam, South Korea, and India.
He additional highlighted Sri Lanka’s strategic geographic location, saying it gives important benefits as an necessary hub in Asia. He additionally pointed to the nation’s gifted younger workforce as a key energy for sectors reminiscent of data know-how, manufacturing, and analysis.
The Deputy Minister mentioned innovation and know-how have lengthy been a part of Sri Lanka’s heritage, citing the traditional rock fortress of Sigiriya for instance of the engineering abilities that proceed to encourage trendy technological development.
Abeysinghe emphasised the significance of constructing stronger partnerships with nations around the globe. He mentioned traders may acquire simpler entry to know-how and markets by working with current native companies relatively than creating totally new ventures.
He added that sectors reminiscent of agriculture, renewable power, and the digital financial system will play a key position in Sri Lanka’s future development, and invited worldwide traders to affix the nation’s ongoing transformation.
