SriLanka, April 7 -- A delegation from the International Monetary Fund (IMF) met with the Minister of Industries and Entrepreneurship Development, Sunil Handunnetti, for a special discussion yesterday (06).

The meeting took place at the Ministry of Industries and Entrepreneurship Development. During the session, extensive views were exchanged regarding the challenges facing the local industrial sector and the future steps necessary to transition toward a production-based economy.

Particular attention focused on new programs implemented through the ministry to strengthen local entrepreneurs and on how to secure the required international financial cooperation for these initiatives. The ministry notes that industrial growth is an essentia...