Written by Staff Writer
02 Oct, 2017 | 10:30 pm
The chance to gauge the economy of any country dawned recently as the World Economic Forum published it’s Global Competitiveness Report for 2017–2018
All that matters to us is – where did Sri Lanka rank?
The report has taken 137 countries into consideration. Out of that 137, Sri Lanka has ranked 85th.
The top 3?
Yes, you read that right. Singapore placed 3rd in the Global Competitiveness Report.
During the 1950’s, the father of Singapore Lee Kuan Yew visited Sri Lanka. He said during the visit that he wants to model Singapore after Sri Lanka.
Decades down the line…, here we are. Singapore has comprehensively outdone Sri Lanka.
The Global Competitiveness Index tracks the performance of close to 140 countries on 12 pillars of competitiveness.
Below is how Sri Lanka performed in the GCI over the years…;
So if Sri Lanka is placed 85th for 2017 – 2018, what are the other countries placed above us?
The above are just a few, but they are far ahead of us in the global rankings.
According to the World Business Forum, what are the Most problematic factors for doing business?
These are the main issues plaguing the country.
After reading all this we can’t help but wonder….
20 Sep, 2021 | 11:17 AM
20 Sep, 2021 | 09:07 AM
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