INSUBCONTINENT EXCLUSIVE:
Ambassador of the United States to Sri Lanka, Julie Chung says Sri Lanka needs to improve its business environment and investment framework
environment in order to tap into foreign direct investment.Addressing the 2022 Annual General Meeting of the American Chamber of Commerce
The event was attended also by Governor of Central Bank, Dr
consistency and transparency in government decision-making, and above all, a lack of predictability, are the primary reasons American firms
ambassador said the USD 2.9 billion program, if approved by the IMF board, would help restore macroeconomic stability, safeguard financial
start immediately and the results need to address the root causes of this crisis so that the country finally enshrines international
convene the Parliamentary Committee on Ways and Means, National Debt Management Agency, National Agency for Public Private Partnership, and
negotiate with its official creditors to provide adequate financing assurances
The US ambassador said she is encouraged to hear President Wickremesinghe and the Governor of the Central Bank of Sri Lanka talk about the
least 180,000 Sri Lankan jobs, the US ambassador noted that Sri Lanka, with the help of American Chamber of Commerce, can expand on the
the United States continues to stand by Sri Lanka during these challenging times.
This article first appeared/also appeared in https://adaderana.lk
