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Sri Lanka private credit expands Rs133bn in May
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Sri Lanka private credit expands Rs133bn in May
ECONOMYNEXT – Sri Lanka’s private credit expanded 133 billion rupees in May 2025, up from 71 billion in April, while commercial bank credit to government declined, official data show. Private credit has expanded 478.6 billion rupees in the first five months of 2025, compared to only 71.5 billion rupees last year. The central bank cut its policy rate last month, amid warnings that it was similar late cycle cuts that had been made after private cr…
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