Articles About Lakshman Yapa Abeywardena

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Could Sri Lanka Casinos Be the Remedy for the State’s Slow Economy?

Could Sri Lanka Casinos Be the Remedy for the State’s Slow Economy?

Monica E. June 4, 2014 14:39:23

Bureaucratic issues have caused Sri Lanka to miss its foreign investment target last year, pulling down economic growth. According to Investment Promotion Minister Lakshman Yapa Abeywardena, heavy bureaucracy slowed Foreign Direct Investment (FDI) to $1.3 billion for 2013. The figure is much lower than the initial $2 billion projection. “There were shortcomings on our part […]