Dilith Jayaweera’s strategic plan to rebuild Sri Lanka’s economy
August 31, 2024 07:35 pm
The national strategic plan of “Sarvajana Balaya” presidential candidate, entrepreneur Dilith Jayaweera entails the creation of a globally competitive, dynamic and challenging manufacturing economy driven by entrepreneurship, innovation and strategic investment that ensures sustainable growth and prosperity for all citizens.
The economic strategy consists of 16 main sections including the production economy, the Ministry of Finance and Entrepreneurship, the Development Bank, loans at affordable interest rates, the Startup Sri Lanka Digital Entrepreneurship Fund, the National Credit Management Institute, the Natural Resources Management Authority and the increasing of government revenue.
The plan ensures government intervention to provide knowledge, capital, technology and market creation to create an efficient domestic manufacturing economy.
It also proposes to establish a dedicated ministry to oversee and support entrepreneurial activities and financial management and place all related institutions under it.
The strategic plan assures collaboration with banks to provide low-cost, alternative funding for startups and small businesses as well as providing loans and funds to micro, small, medium and large scale entrepreneurs at affordable interest rates.
It also reveals plans to launch a digital entrepreneurship fund in collaboration with the global private sector and providing development credit for macroeconomic expansion by enabling business models of sole proprietorship, partnership, limited company or venture capital nature.
It also calls for the inclusion of provisions in the Constitution detailing the maximum limit that the government can borrow as a percentage of the national income.
Presidential Candidate Dili... by Adaderana Online
