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Asian financial crisis lessons offer recovery path for Sri Lanka

Smart policies can help rebuild energy supplies, protect banks and draw capital

| Sri Lanka
Jaya Container Terminal in Colombo: The government should look to list shares of profitable state companies such as the Sri Lanka Ports Authority on the local stock exchange to draw foreign capital. (Photo from Sri Lanka Ports Authority's home page)  

Dulindra Fernando is managing director of Ceylon Asset Management in Colombo.

Ranil Wickremesinghe, who rescued Sri Lanka's economy from recession as prime minister in 2002, is back, now as executive president. This time around, his challenge is far greater.

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