Sri Lankan Economy had 7.6% growth in First Half of 2010

It is an impressive figure for any economy in the world. Peace came in Sri Lanka one year ago and it seems that peace is helping the country to get some kind of prosperity.

What is even more impressive is the fact that many countries in the world were still suffering from the aftermath of the global economic recession.

Deputy Minister of Economic Development, Ranjith Siyambalapitiya said, "The Ministry of Economic Development is focused on making the country a leading economy in Asia and the pride of the region. Investment and tourism have recorded remarkable growth."

Ajith Nivard Cabraal is the governor of the central bank and he is hopeful that Sri Lanka will see 8% economic growth in 2011.

Sri Lanka has all the potential to become one of the top economies in Asia. It has a sea port in a very important region in the world that has the potential to become another Hong Kong or Singapore. Sri Lanka also has skilled and educated manpower with the highest literacy rate in South Asia.

Of course, the only thing that is needed now is peace among the two ethnic races and political stability.

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Sunday Observer