Thursday, December 2, 2021

Timely to deliberate and reset economy after C-19 havoc – CCC, EFC Chairman

The upcoming Sri Lanka Economic Summit 2021, the foremost and most anticipated economic event of Sri Lanka, will be inaugurated by the Chief Guest – Finance Minister Basil Rajapaksa, , on 6th December, under the theme ‘Springboard for revival: Opportunity to reset’.

Governor of the Central Bank, Ajith Nivard Cabraal will deliver the Keynote Address at the inauguration of the Summit, which will bring together leading national and international thought leaders, economists and industry experts on to one platform, as they lead discussions on charting a sustainable course for economic recovery and development. Chairman of the Ceylon Chamber of Commerce Vish Govindasamy will deliver the welcome address.

Commenting on the 2021 Economic Summit, Chairman of both the umbrella Private Sector Lobby Group – the Ceylon Chamber of Commerce and also that of the Employers Federation of Ceylon, Vish Gondasamy told Daily News Business “ The conference is absolutely timely as the Government has just presented the National Budget and the way forward for 2022 and this is the way to discuss the way forward.

This is also to deliberate on the methodologies on the proceeding way in the immediate aftermath of the C-19 pandemic which wreaked havoc on the Sri Lankan economy, he said.

Continuing, Govindasamy said:” The title of the Summit is to reset and go forward. Now that we know how the Budget is going to work and hopefully tourism which is one of our major foreign exchange earners should also work Hopefully, more investments will come. We will be discussing all the difficult things as well, such as the Foreign Reserves and the Exchange Rates as well”, he remarked.

“ We will also see how we can reduce the Cost of Living for our people”, he said. The two-day summit will feature seven curated sessions offering unique insights and perspectives on several topics of contemporary economic significance, including setting the macro foundation for growth, the case for public-private sector collaboration in advancing economic development, Sri Lanka’s potential as a technology hub, opportunities to enhance export revenue and how Sri Lanka can reposition itself for the new normal in travel.

The Sri Lanka Economic Summit 2021(SLES 2021) is scheduled to be held on 6th and 7th December as a hybrid summit catering to participants who would join online as well as participate in-person at the Shangri-La Hotel. The theme for the 21st Sri Lanka Economic Summit is based on creating an environment that will be a Springboard for Revival, leveraging on the Opportunity to Reset.

Participants have the opportunity to register online from https://chamber.lk for the entire two- day summit or choose the sessions they wish to attend. The Chamber looks forward to delivering a unique, digitally transformed experience to all participants in addition to in-person participation at the Shangri-La Colombo this year. Registrations for the event are now open.

More information can be obtained from, events@chamber.lk or 0115588852; or alikie@chamber.lk

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