Q&A: Sri Lanka's FinMin targets 8% growth

Ravi Karunanayake explains how Sri Lanka's government can boost growth as it develops a megalopolis around Colombo and a Chinese-leased port in Hambantota.
Ravi Karunanayake
Ravi Karunanayake

Ravi Karunanayake has been Sri Lanka’s finance minister since a coalition government came to power under President Maithripala Sirisena at the end of 2014.

On the international stage, he successfully helped negotiate a $1.5 billion facility with the International Monetary Fund to defuse a balance of payments crisis created by the previous government’s debt-funded infrastructure policies.

Domestically he is regarded as a man with a very robust attitude.

Most recently, he has been caught up in spat with the Chinese ambassador, Yi Xianliang, who criticised him for asking for new loans after constantly complaining the existing ones were too expensive.

Here...

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