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Sunday, 16 December 2012 - 18:34
Lanka's growth rate commendable'
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IMF Resident Mission Head, Dr. Koshy Mathai said There is a lot more for Sri Lanka to do, if it is to achieve a better economic growth rate.

He said that Sri Lanka's Foreign Direct Investments are yet low, at around one percent of the GDP when it could be around five to six percent of the GDP as Vietnam.

Dr. Mathai said ‘Sri Lanka's economy has managed to grow by around five to six percent annually which is a commendable growth rate and credit should go to companies which have placed faith in the fundamentals of the economy.

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