Without export transformation, Sri Lanka will not be able to achieve its potential growth rate. Exports are the only way to reach 6% -7% GDP growth, says Central Bank Governor Dr. Indrajith Coomaraswamy.Increasing revenue through exports is the only way out from the debt position the country is trapped in now. “We can raise money and do our best for the country. But that is merely buying time – not solving the problem. That is the way to buy time and create space for the exporters to do their work,” he told a CEOs meeting organised by the National Chamber of Exporters last week. “Now it is up to the government to create a policy framework by giving a competitive exchange rate.”
