Professor S.S. Colombage and Dr. W.A.Wijewardena also admitted this argument at a discussion held at the Open University, he says.
A former chairman of the Ceylon Chamber of Commerce, Dr. Ekanayake says that the prediction made by IMF estimating a 5% economic growth until 2025, with exports increasing by 5% annually is not logical under the prevailing economic conditions.
As examples he points out that 2019 at 2020 are election years.
"Sri Lanka, as a middle-income country, is stuck and we cannot think of a better economic journey without resolving the foreign debt crisis" he says.
Dr. Ekanayake further states that currently the female labor force and the youth labor force participation is at a low level.
Source - Ravaya