Reforming the Market of Factors of Production

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BUILD A RESILIENT ECONOMY

Reforming the Market of Factors of Production

We shall implement factor market reforms by relaxing restrictions on land, labour, and capital markets to facilitate doing business in Sri Lanka and promote both domestic and foreign investments.

Our government is committed to implementing a national land reforms programme aimed at improving land productivity and securing land rights. A key priority will be the creation of a digital land registry, completing the ongoing “Bim Saviya” programme.

Recognising the importance of human capital development, we will prioritise policies aimed at improving educational outcomes, developing job-relevant skills, and fostering innovation. Enhancing the quality and accessibility of education is crucial to building a competitive workforce. Programmes will be implemented to ensure that Sri Lanka’s workforce possesses the skills necessary for the jobs of tomorrow.

We will swiftly implement reforms to boost capital inflows and strengthen the domestic capital market. Key regulations will be reformed to enhance foreign direct investment (FDI) to stimulate economic growth and support existing investors.

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