Sri Lanka needs high gear government to drive economic engine: official

June 18, 2010 (LBO) - Sri Lankan private sector is the engine of growth and the government should embrace the Japanese example and formulate policies that would help people run their economic lives smoothly, a senior official said.
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"Private sector is the engine of growth and the public sector is the gear box," Sunil Jayantha Navaratne, secretary of Sri Lanka's higher education ministry said.
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"The level of economic growth would depend on which gear the government is running on.

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After independence from British rule, Sri Lanka progressively restricted the economic freedoms of the people, violated their property rights by 'nationalizing' businesses killing many private businesses, restricted trade.

A series of state monopolies stalled the growth of many sectors and denied services to the people.

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Post independence governments also deficit spent, created high inflation and currency depreciation and generally impoverished everybody, including state workers.

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There also problems with rule of law, and selective implementation of laws. Citizens have taken up arms against the state three times over the last three and a half decades.

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Navaratne was speaking at a ceremony where Dialog Telekom, the island's larges

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