The National Chamber of Commerce Sri Lanka is advocating a socio economic policy that will benefit the masses.
Economists say that regular U turns in national policies since independence have resulted in the country achieving mediocre rates of growth.
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rnThe government is now keen to push a bipartisan approach to policy formulation.rn
rnldblquote We have to have a bipartisan approach in developing a policy for the country, dblquote Industries Minister Rohitha Bogollagama said at the conference oraganised by the chamber.rn
rnThe government says a new push to set up regional investment promotion agencies will help regions identify their own strengths.rn
rnldblquote We have done a regional economic assessment for the first time. Regional Economic Commissions are to look at natural resource development, human resource development and harness those resources,
dblquote he said.
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rnThe private sector is also keen to see an improvement in the investment climate.rn
rnThey say local industries wi