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President meets select business leaders to get ideas
to tame inflation, boost economy
President
Mahinda Rajapaksa yesterday met a select group of business leaders
to find out their ideas on how to tame rising inflation and boost
the economy whilst the government engages in eliminating the menace
of terrorism.
Around 10 business leaders drawn from Chairmen and CEOs of top blue
chips and entrepreneurs attended the meeting with the President,
which lasted about two hours. Several top ministers and officials
were associated with the President.
Some of the governments ideas and plans had been shared in
overcoming the political, security and economic challenges, and
private sector responses as well as fresh ideas were sought.
Some of the business leaders had been very expressive, while others
gave a patient hearing to political rhetoric.
President had advised the business leaders to get back to the officials
with their own ideas on how best the macro economic situation could
be further strengthened with the objective of reducing inflation,
currently at record highs, and stimulating the economy, which faces
severe shocks from the security situation and global developments.
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