As part of its efforts to revive the country’s struggling economy, Sri Lanka has recently implemented a comprehensive economic reforms agenda. One of the flagship projects of this initiative is the establishment of a National Productivity Commission.
Despite the ongoing economic constraints, the Sri Lankan government has allocated funds for the commission’s establishment in the 2023 budget. To lead the task, an inter-ministerial Working Group comprising members from various ministries, departments, and organizations has been appointed.
The Working Group has set its sights on exploring international insights on productivity materialization. As such, the Sri Lankan Government has reached out to the Australian Productivity Commission, which is recognized as an international standard. In response, the Australian High Commission in Sri Lanka has expressed its willingness to support Sri Lanka in this regard.
To facilitate knowledge-sharing, the Australian Productivity Commission conducted a virtual session on April 27th, 2023, for the Sri Lankan Working Group assigned to establish the commission. The event was hosted by the Presidential Secretariat.
This initiative marks another engagement between the Government of Australia and the Government of Sri Lanka, reflecting their support for Sri Lanka’s economic reforms and revival.| PMD Office