SRI LANKA, Feb. 17 -- Sri Lanka's workforce growth is not keeping pace with population growth, and this will have ramifications on economic growth, which is moving downwards, was the consensus of the panelists at the launch of the World Bank's report - 'Sri Lanka Development Update with a focus on 'Demographic Change in Sri Lanka'.
The speakers, comprising policy makers and leading economists, noted that there has been around 1% growth in the population since the 1980s, and in the next five to 10 years the population would increase by around four million, creating pressure on the country to provide social security measures for the aged and the infirm. Former (Chair) of Demography, University of Colombo Prof. Indralal de Silva said the disp...