SriLanka, Nov. 15 -- Sri Lanka is moving towards building a modern, investor-friendly economy, Treasury Secretary and Finance Ministry Secretary Dr. Harshana Suriyapperuma said. He said that, beyond pen and paper, the Government was ready for "hardcore implementation", with the intention of transforming the economy from its current basic survival stage to a more advanced and sustainable growth stage.

He was addressing a post-Budget virtual forum organised by Deloitte Sri Lanka on Thursday (12). Responding to questions from the audience, he said that although some critics had claimed that investors were pulling out of the country, this was not the reality.

"Certain power sector projects pulled out of the country, but that was not because...