Sri Lanka crossed the Per Capita GDP $4,000 mark in 2017, yet the improvement in economic well being has not trickled down to the bottom of the pyramid and one of the main reasons for this is the fact that the growth in GDP has come from the growth in a few sectors of the economy and the increase of the income levels at the top of the pyramid, says Sumith Adhihetty, Managing Director, LB Finance PLC.
“Sufficient growth has not occurred at the grassroot levels and the economy as a result has shown growth that is satisfactory in number, but has not been able to transform the living conditions of the population across the country as expected. The way to promote real growth at all levels is to foster a culture of entrepreneurship where individuals identify business opportunities, take risks, develop marketable solutions and create value,” he explained in an interview with the Business Management Digest… Please read bmd March ->