How the Global Credit Crisis affects to Sri Lanka

I think this good time to talk about this topic. Since Sri Lankan
heroes end the war now it's the time to build up the nation again.
So how will the global crisis affect this process? How can we keep a
positive attitude during these tough economic times?


The global financial crisis meant a significant drop in all kinds of
employment throughout the world. More than 1.6 million Sri Lankans are employed abroad,
bringing in $2.7 billion in remittances in 2007. They will likely see a precipitous
decline in such earnings.

Over the last 10 years, South Asia witnessed a rapid and robust growth of more than
six percent per annum, which enabled millions of people to escape poverty.
In 2006, the region recorded a growth rate of nine percent – the highest in the last 25 years.

We survived from the tsunami; now, we felt threatened by this new economic tsunami.
Other than global crisis financial companies like Seylan, had been taken over by the
country’s central bank. So most of day-to-day businesses traped with thier deposits.

Only thing I can suggest is cuttiing down most imports and increase the exports.
Then only there will be NO danger for Sri Lanka.

So what should we do?
We should consider the laws of the integral, locked system, which is like one body,
and gradually correct ourselves according to it. In practical terms, this means:
Arranging distribution so every person will receive only as much as he needs,
Instituting a universal education system that teaches people about the law of
humanity’s existence in a closed system.

I think we are benefited with being a small country here!