Srilanka, Feb. 18 -- Efforts will be rolled out to actively encourage the appropriate state entities to raise funds from capital markets.
"The government will actively encourage private and appropriate state entities to raise funds through listed equity and debt capital markets," President Anura Kumara Dissanayake told Parliament yesterday.
However, he stressed that the capital markets need to be deepened and evolved in terms of sophistication.
As bank interest rates decline, he pointed out that it has become even more important for the retail investors to have access to well-regulated financial products to get reasonable returns.
"Unit trusts, investment funds and other collective investment schemes will be important in filling this ga...