FDIs for growth: Unless managed properly, can turn out to be a double-edged sword

Monday, 14 May 2012 00:00 - - {{hitsCtrl.values.hits}}

FDIs to the rescue

Senior Minister Dr. Sarath Amunugama, on the occasion of the release of the 2012’s Economic and Social Survey for Asia and the Pacific by UNESCAP in Colombo last week, is reported to have remarked that unless Sri Lanka manages to promote private sector and attract foreign direct investments or FDIs, the realisation of seven per cent growth will be but a dream (available at: http://www.ft.lk/2012/05/11/challenging-year-for-asia-pacific-unescap-report/).