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‘Ignite Growth Conference’ by Advocata from Jan 22-23

by damith
January 5, 2025 1:00 am 0 comment 133 views

Independent policy think-tank, the Advocata Institute will host a conference titled ‘Pathways to Sustainable Economic Growth’ on January 22 and 23.

The conference will delve into innovative approaches to accelerate productivity and drive economic growth, setting the stage for a brighter and a sustainable future for Sri Lanka.

The event will spotlight the transformative potential of productivity efficiency through evolving business models, lean management practices, and operational improvements. It will also serve as a platform to mainstream productivity-enhancing ideas across political parties, the media, and the general public.

Sri Lanka stands at a pivotal moment, transitioning from crisis to growth. Early signs of stabilisation offer a promising outlook for economic recovery, but significant challenges remain. Economic growth is not just an aspiration; it is the only viable path to overcoming the current crisis and ensuring sustainable debt management. To achieve this, the country must focus on productivity enhancement and sustainable reforms to establish long-term prosperity.

Stabilising public finances through expenditure reduction, revenue generation, and structural reforms is vital to building a resilient market system. These reforms, though challenging, must be carefully managed to mitigate their impact on the most vulnerable citizens.

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