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CBSL Projects 4.5% Economic Growth in 2025, Surpassing World Bank Forecast - LNW Lanka News Web
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If all reforms that can have a positive impact on the economy are implemented, "3.5% GDP growth can be achieved by 2029".
The Sri Lankan economy is expected to grow by 4.5% in 2025, said Friday the Central Bank of the country (CBSL), a forecast higher than that of the World Bank, which is based on 3.5%. In its monetary policy report, the Bank indicated that economic growth should continue its modest expansionary dynamic in the medium term, putting in ... This article Sri Lanka: the central bank forecasts a growth of 4.5% in 2025 appeared first on Diplomatic Morocco.
CBSL Projects 4.5% Economic Growth in 2025, Surpassing World Bank Forecast - LNW Lanka News Web
The Central Bank of Sri Lanka (CBSL) projects the country’s economy to grow by 4.5% in 2025, exceeding the World Bank’s forecast of 3.5%. The estimate was revealed in the Bank’s latest monetary policy report, released yesterday (15). Backed by the US$ 2.9 billion International Monetary Fund (IMF) programme, Sri Lanka’s GDP grew by 5% in 2024, marking a strong recovery from the severe financial crisis experienced three years ago. However, the CBS…
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