The Central Bank has taken measures to create awareness on carrying out businesses in Sri Lanka by releasing the eighth edition of the “A Step by Step Guide to Doing Business in Sri Lanka”.
This has been categorized under three main chapters; ‘Starting a Business’, ‘During the Business’ and ‘Other Activities’ and contains useful information for the business community, potential entrepreneurs, foreign investors and investment promotion agencies.
Under each topic, comprehensive information is provided on relevant institutions, documentary requirements, regulatory clearances and associated costs.
Furthermore, the necessary amendments up to mid-2018 gathered from relevant institutions are incorporated into this edition.guidelines recently with the aim of promoting local business.
The current political situation has pulled back the progress made through various economic reforms and has drastically affected the business environment, analysts said, adding that it is essential to restore political stability in the country soon.
New Business activities came had come to a grinding halt during the past ten days following President Sirisena's unconstitutional removal of a Prime Minister and by proroguing Parliament, they claimed.