President to introduce budget proposals for implementing DIGIECON economic concept

INSUBCONTINENT EXCLUSIVE:
The Information and Communication Technology Agency of Sri Lanka has announced that President Ranil Wickremesinghe will present proposals to
US$ 15 billion through digital economies by 2030, according to Sachindra Samararatne, Deputy Chief Digital Economic Officer of the
Information and Communication Technology Agency of Sri Lanka (ICTA).In a noteworthy development, the Prime Minister has instructed the
Ministry of Technology to spearhead the establishment of the digital economy through extensive public and private partnerships, marking a
successfully engaged in discussions with various stakeholders and the resulting plan has been submitted to President Ranil Wickremesinghe,
Today, activities like buying and selling have undergone digitization, a transformative change facilitated by the internet.In line with the
The dynamic nature of the digital landscape necessitates continuous adaptation
The inaugural step toward constructing a digital economy, fostering collaboration between the public and private sectors, has been taken
improvement
Numerous individuals in Sri Lanka have played a role in shaping the digital economy policy.Implemented in partnership with the public and
sustainability of this policy is evident due to strong government support, attracting substantial investments
Providing governmental backing for the advancement of the digital economy is crucial and establishing an institution for this purpose would
be beneficial
sectors
accelerate economic development significantly, as evidenced by the economic progress of countries like Singapore and Malaysia
Studying their economic advancements is crucial, and we should establish an institution tailored to our model.Many nations have propelled
their digital economies through budgetary allocations
To foster the export sector, investing in the digital economy is imperative
technology industry
Specific strategies are necessary and an institutional framework with budgetary support is crucial to implementing the digital economy
policy
is allocated to the digital economy
Increasing this to 20% can robustly propel the digital economy forward
The impact of digitization on public services and individual lives is apparent
for a $15 billion income for Sri Lanka from digital economies by 2030.The Information Technology Agency has laid the groundwork for a
digital country
Building upon this foundation, envisioning a fully digitized nation is plausible
order to surpass the existing foundation
leadership training upon its introduction to Sri Lanka
Technical support is offered and the government is poised to provide necessary assistance
This unique opportunity demands that Sri Lanka fortify its digital economy to enhance productivity at individual and organizational levels