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Social & Economics

Fri09212018

Last update20:10:51 UTC 2018


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Lessons from global economic crisis:

images2Need to build new financial order to better face future crises – President

“Essential that globally influential economies act in a globally responsible manner”

The global economic crisis taught us many lessons that varied across nations. All countries learnt both common and individual lessons, from this crisis, which left behind a trail of serious damage across nations and shook the very foundations of the financial structure of the world. It is therefore, clear that if we are to safeguard the world economy in the future, we would need to build a new financial order and a model that will better equip us to face crises of this nature, said President Mahinda Rajapaksa in his inaugural address to the 49th South East Asian Central Bank Governors’ (SEACEN) Conference,
in Colombo today (25).

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