Ceylon Chamber ‘Outlook 2022’ raises liquidity issues in forex and dollar
The Ceylon Chamber of Commerce (CCC) recently launched the seventh edition of its flagship annual Outlook 2022 report during the Economic Outlook 2022 webinar.
Titled “Road to Recovery: Overcoming Challenges,” the report covers key fundamentals of the global and local economic outlook, political outlook, and private sector outlook for this year.
The report addresses pressing topics in the current economic environment, including the outlook for economic growth, inflationary pressures, interest rates, currency and dollar liquidity issues, and global risks that could significantly affect Sri Lanka economic outlook.
Compiled by the Economic Intelligence Unit (EIU) of the Ceylon Chamber, the report includes in-depth analysis of economic data and, with insights from expert economists, makes thoughtful projections regarding economic conditions, risk factors and growth and recovery prospects for this year.
Introducing the outlook report, Chief Economist of the Ceylon Chamber, Shiran Fernando, presented the outlook for inflation, growth, interest rates and some of the global risk factors businesses should take taken into account in business planning.
The keynote speaker of the webinar, Chairman of the Financial Systems Stability Advisory Committee of the Central Bank of Sri Lanka, Dr. Kenneth De Zilwa, highlighted the emergence of Asian dominance in the long economic cycle and the need for the Sri Lanka to institutionalize its profit history.
The webinar panelists were Standard Chartered Bank CEO Bingumal Thewarathanthri, Unilever Sri Lanka Chairman Hajar Alafifi, Advocata Institute Senior Researcher Dr Roshan Perera and Hirdaramani Group Director Vinod Hirdaramani.
The roundtable was moderated by CCC CEO and Secretary General Manjula de Silva.