Give 'Buy Lankan' a boost
There is no better way to self-sufficiency and
autonomous development than by reinvigorating the Lankan
economy. One of the keys to such reinvigoration and dynamic
resuscitation of the local economy is 'Buying Lankan'. That is,
by the consumer increasingly buying goods and services
We are glad that a number of stakeholders, including
patriotic sections of the local corporate world and the State
are coming together to help boost the Maubima Lanka Foundation's
'Buy Lankan' campaign. The key aim of the campaign is to promote
the sale and consumption of locally-produced goods and services.
In other words, boosting the indigenous manufacturing base.
We wish this campaign well because there is nothing which is
more desirable in the development context, than a strong and
autonomous local economy which will be least influenced by
This should not be misinterpreted to mean that we are
endorsing a closed economic policy but are calling for a robust
local manufacturing base which will be to a considerable degree,
driven by local resource utilisation. The end result would not
only be less dependence on imported goods and services and a
healthier balance of payments position but also a decrease in
inflation and related problems.
'End inflation' is the increasingly heard cry, but there are
no constructive suggestions by most of those thus crying
themselves hoarse, an how this malaise should be contained. It
should be plain to see that increasingly producing and consuming
things Sri Lankan is one of the most effective ways of beating
The consumption of local goods will help in sustaining and
expanding the indigenous production base and such
self-sufficiency will make us less dependent on imports which
help spike our cost of living and food import bill.
Therefore, the 'Buy Lankan' campaign could not have come at a
better time. It is impossible to think of self-sufficiency and
independent development other than by buying locally and helping
to put our local producers on a firmer footing in terms of
business prosperity and growth.
Unfortunately, there persists this widespread, self-defeating
tendency to hanker after only things foreign. This habit has, of
course, proved very costly in the past. A multitude of local
industries have been wiped out as a result of the local market
being flooded with imported goods which could easily be
We do not intend to make out that all imports are bad but
that careful discretion should be exercised in liberalising our
imports. What could be manufactured locally should not be
imported. This would be a fillip to local production.
There are a number of local manufacturers who are making a
name abroad too on account of their brands being popular. This
is a pointer to the enormous local business talent which could
help put Sri Lanka on the map as a producer of acceptable,