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FITIS welcomes National Digital Economy Strategy

by malinga
April 25, 2024 1:06 am 0 comment

The National Economy Strategy for Sri Lanka – 2030 was approved by the Cabinet of Ministers at the Cabinet Meeting held on March 25, 2024 when President Ranil Wickremesinghe, in his capacity as the Minister of Technology, presented the proposal to the Cabinet of Ministers for approval.

“Coordinated by the Ministry of Technology and supported by the World Bank, the proposals were prepared by a team of experts comprising officers from both the public and private sector,” said Chairman Federation of Information Technology Industry Sri Lanka Indika De Zoyza. “FITIS was involved in the formulation of these proposals from the beginning and contributed directly through its representation in the High Level Officers Committee coordinated by the Office of Secretary to Prime Minister.”

Rapid Advancements in the digital technologies are compelling the governments to transform services from the conventional practices to digital methodologies. This trend is noticed even in the regional countries. In adopting the National Government of Sri Lanka has recognized the potential of digital technologies to increase the revenue generation and to minimize wastage.

FITIS welcomes the approval granted for the implementation of the National Digital Economy Strategy – 2030 (NDES – 2030) as most of the FITIS Events align with the key areas of the Strategy. The current contribution by the Digital Economy to the country’s economy stands well below the regional average. FITIS has already given a commitment to develop the Digital Economy to USD 15 billion in 2030 from the current value of approximately USD 4 billion.

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