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How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy
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South Asia Monitor
Interestingly, Sri Lanka was an 85 billion economy way back in 2015, and it took a decade to surpass the hundred billion dollar benchmark.
Above scenario analysis shows that Sri Lanka had some chance of reaching a 200-billion dollar economy by 2024.
Only a stable political regime can ensure a stable policy environment leading to stable economic expansion.
It goes without saying, even if Sri Lanka achieve policy stability through political stability, Sri Lanka needs a “carefully” crafted international policy and strategy.
An effective plan to weather fast changing regional and global geopolitical dynamics has become a necessity for Sri Lanka to achieve any economic expansion plan.