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Sri Lanka’s Spending Will Boost Rural Growth, Rajapaksa Says

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Nov. 19 (Bloomberg) -- Sri Lanka’s public spending to build roads, ports and power plans will help spur growth in the island’s rural areas, President Mahinda Rajapaksa said at the swearing-in ceremony of his second term in the capital Colombo today.

The government plans to provide electricity to its entire population by 2012, he said.

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

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