SHARE

Economic experts have said that Sri Lanka’s economic growth needed to benefit all segments of the people in the country in order to sustain the rapid growth recorded over the years.

In a recently conducted survey by MasterCard, Colombo was placed first among the fastest growing cities with a 21% surge.

According to the Global Destination Cities Index, Colombo was ranked first followed by Chengdu, the capital of China’s Sichuan province. Abu Dhabi, capital of the United Arab Emirates, ranked third in terms of growth; Riyadh, Saudi Arabia, placed fifth.

Chairman, Ceylon Chamber of Commerce (CCC) Suresh Shah speaking to The Nation pointed out that it was important that the economic growth of the country benefits all segments of the society and is not confined to a minority in order for the growth to be sustained. “What is important is that the economic growth empowers all the people and not a segment of the people, or a community,” he said.

MasterCard had ranked 132 destination cities around the world in terms of total international overnight visitor arrivals and cross-border spending.