Sri Lanka Finance Minister on Economy, Tourism, Terrorism

The video discusses the resilience of the Sri Lankan economy, highlighting its strong macroeconomic fundamentals and quick recovery from setbacks. It addresses market reactions, economic indicators, and the impact of security issues on tourism. The speaker emphasizes the importance of maintaining vigilance and outlines financial strategies to support the tourism industry. The discussion also covers risk management and global cooperation to prevent future terrorist attacks, ensuring a stable and secure environment for economic growth.

What has contributed to the resilience of the Sri Lankan economy?

• Strong macroeconomic fundamentals

• Increased foreign investments

• High inflation rates

• Decline in tourism

How is the security situation in Sri Lanka described in the transcript?

• Worsening rapidly

• Improving significantly

• Stagnant

• Unpredictable

What is the government's stance on borrowing more funds?

• They are planning to borrow immediately

• They have already borrowed additional funds

• They are uncertain about borrowing

• They are confident they won't need to borrow

What is one of the government's plans to support the tourism industry?

• Limiting hotel construction

• Providing duty-free waivers for security equipment

• Increasing taxes on hotels

• Reducing the number of tourist visas

What is the expected timeline for tourism to return to normalcy?

• Within six months

• In one to one and a half years

• In three years

• Immediately

What is considered the biggest risk to the Sri Lankan economy?

• Political instability

• High inflation

• Future terrorist attacks

• Decreasing foreign reserves

How is the Sri Lankan government addressing the risk of future attacks?

• By working with global networks

• By reducing public gatherings

• By closing borders

• By increasing military presence