Broader and deeper structural reforms in the last two years gave the economy a boost together with progress in peace talks.Central bank governor A S Jayawardene told LBR in an interview that the resilient Lankan economy could post double the current growth if permanent peace is achieved.
Following are excerpts of the interview.
rn
Shamindra Kulamannage: How well do you think the economy has reacted to recent reforms?rn
rnA. S. Jayawardene: Last year the economy did well.
Because the world economy did well and as a trading nation we benefited. This year too the world economy should do well. It could have been better. rnIn our view we have done well. There is also a very broad based growth.
In the last 7, 8 years there has been a broadbased growth endash across the board- in all sectors. rnIt also benefited from the peace process-the ceasefire that made a lot of people to do economic activities.rn
rnSK: You have mentioned ldblquote high quality growth
dblquote in the Annual Report. What do you