2011 economic outlook over breakfast

Monday, 15 November 2010 23:05 - - {{hitsCtrl.values.hits}}

A CEO’s Forum organised by RAM Ratings (Lanka) in collaboration with the Institute of Chartered Accountants of Sri Lanka (ICASL) will be held on 18 November, 2010 at Grand Ballroom, Galadari Hotel at 7.30 a.m.

The event will feature a special presentation titled ‘Sri Lanka’s Economic Outlook 2011: Sustaining the growth and rebuilding momentum’ by Dr. Yeah Kim Leng, Ph.D. Group Chief Economist RAM Holdings Berhad, Malaysia.

Dr. Leng was a senior analyst at the Institute of Strategic International Studies, Malaysia where he had been involved in a number of research projects on national economic policies. He possesses a Master of Business Administration from the University of Hawai and a Ph.D in Agricultural and Resource Economics, specialised in Development Economics.

The briefing will provide an annual update of RAM Group’s perspectives on Sri Lanka’s short and medium‐to‐long economic outlook. The current update will focus on the implications of a dual‐speed global economy where post‐crisis growth in the crisis‐hit advanced economies continues to be weak, uneven and vulnerable to a relapse.

Drawing on the implications for Sri Lanka’s external environment and the current state of the economy, the speaker will assess the country’s short term outlook and provide key projections for 2011 and 2012.

In reviewing the economy’s medium‐to‐long term outlook in the post‐armed conflict and post‐global financial crisis era, the priorities and challenges of sustaining the country’s growth and rebuilding momentum will be examined.

Given the importance of private sector development in the long term vitality of the economy and drawing upon international comparisons, emphasis will be given to the key requisites and conditions necessary to raise the level and quality of private investment flows.