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Sri Lankan president calls on companies to exploit pandemic for cost-cutting


Sri Lankan president calls on companies to exploit pandemic for cost-cutting
Addressing the Sri Lanka Economic Summit early this month, President Gotabhaya Rajapakse called on big business to take advantage of the “beneficial consequences” of the coronavirus pandemic. The virtual event was organised by the Ceylon Chamber of Commerce, the country’s premier business lobby.
Sri Lankan President Gotabaya Rajapakse, attends an event to mark the anniversary of country’s independence from British colonial rule [Credit: AP Photo/Eranga Jayawardena]
India’s Minister of Finance & Corporate Affairs Nirmala Sitharaman was the keynote speaker at the summit, which was held on December 1. She spoke about the “synergistic and complementary” nature of India’s so-called “self-reliant visions” of India and Sri Lanka jargon used by both governments to cover up their big-business agendas. ....

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