COYLE proposes measures to propel Sri Lanka’s economic growth

The Chamber of Young Lankan Entrepreneurs (COYLE) has presented a comprehensive proposal aimed at laying the groundwork for stable policies and attracting quality investments. COYLE’s visionary plan, backed by extensive research and comparative analysis, focuses on key areas of concern and offers innovative solutions to overcome challenges and drive long-term prosperity. The proposals have been officially handed over to Madura Vithanage MP, who has agreed to convey the contents with the necessary channels in Parliament.

Expressing his support of COYLE’s proposals, MP Vithanage said, “It’s encouraging to see such an inspiring group of entrepreneurs preparing a concrete plan to tackle the issues facing Sri Lanka. A programme will be formulated within the next 3 months to solve the problems of businesses in the country. Sri Lanka faces difficulties in crisis management, but we must raise the bar and rise to the challenge. Therefore, we are taking necessary steps to resolve this situation as soon as possible, and I am pleased to present this proposal to Parliament on behalf of COYLE.”

Recognizing the need for stability and bipartisan collaboration, COYLE’s proposals advocate for the formation of high-level subcommittees comprising political and domain experts. These subcommittees, which should be protected by the Constitution, would then analyse and challenge ministerial acts and gazettes, ensuring transparency, accountability and the kind of well-informed decision-making necessary for progress.