US $ 4,000 per capita income by 2016
Apr 5, 2010 8:00:00 PM - aussieindolanka.com
President Mahinda Rajapaksa said yesterday that the country attained middle income status during the last five years which is a unique achievement. “During the past five years, the country gained a per capita income of US $ 2,053, while becoming a middle-income State.
“It was an excellent accomplishment of the country,” the President said at the presentation of the 60th annual report of the Monetary Board to him as Finance and Planning Minister by Central Bank Governor Ajith Nivard Cabraal at the Central Bank yesterday.
The President said the achievement should be seen in the context that it took Sri Lanka more than 50 years to achieve a per capita income of US $ 1,020. Reaching a per capita income of US $ 4,000 by 2016 will be a feasible target with the encouraging economic environment.