Sri Lanka Urged To Pool Resources For Development

Scattered Capital Can't Build A Nation : Deputy Minister Urges Collective Economic Action

by Zulfick Farzan 25-09-2025 | 3:44 PM

COLOMBO (News 1st); Dr. Anil Jayantha, Deputy Minister of Economic Development, has emphasized the critical need for capital formation and inclusive investment strategies to unlock Sri Lanka’s economic potential.

Speaking on the role of the stock market, Dr. Jayantha noted that while individuals across society possess varying levels of savings and financial resources, much of the country’s capital remains scattered and fragmented.

“Tribal, insignificant capital cannot drive major economic transformation. We must consolidate these resources to create meaningful impact,” he stated.

He stressed that the government must clearly understand and facilitate capital formation, while investors, regulators, and institutions must work collaboratively toward a shared national objective.

“We often operate in silos, maximizing individual benefits while disregarding collective progress. To break this cycle, we must align our responsibilities for common prosperity,” Dr. Jayantha said.

He added that such alignment would lead to exponential value generation, and that Sri Lanka has both the opportunity and potential to achieve this transformation through unified efforts.