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Japanese economist lauds Sri Lanka’s progress amidst challenges  

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Sri Lanka is a fast developing country. The progress achieved by Sri Lanka in the face of many challenges is laudable. These observations have been made by Japanese economist.


Dean of the Economic Faculty of the Tokyo University of Japan Takamoshi Ito said that while the entire world is embroiled in an economic downturn, Sri Lanka was achieving good results successfully surmounting this challenge. Mr. Ito was delivering the keynote address at the Institute of Financial Studies in Colombo.


The Japanese Economist pointed out in his address that a tranquil environment was prevailing in Sri Lanka. The Sri Lankans are fruitfully enjoying the peace dividends. He commenced the economic growth achieved by Sri Lanka within a short period of five years after vanquishing terrorism. This growth has been achieved at a time when the entire despite the global economic meltdown. Sri Lanka is continuously engaged in the task of further improving this situation. This is crystal clear due to attempts made to attract more foreign investors into the country. Mr. Ito said that according to his opinion, Sri Lanka as a developing country is one of the best locations for investments.


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