Energy Price Surge Threatens Sri Lanka’s Fragile Growth Path - LNW Lanka News Web

Energy Price Surge Threatens Sri Lanka’s Fragile Growth Path - LNW Lanka News Web

By: Staff Writer April 21, Colombo (LNW): Sri Lanka’s economic recovery is entering a more uncertain phase, with rising global energy costs expected to slow momentum despite gains made since the country’s financial crisis. According to the World Bank, growth is projected to ease to 3.6% in 2026, down from the stronger post-crisis rebound seen in previous years, as external pressures begin to weigh more heavily on domestic activity. The latest So…

World Bank sees Sri Lanka growth slowing to 3.6% in 2026 amid energy shock

Sri Lanka’s economic growth is expected to slow to 3.6% in 2026 as higher energy prices weigh on activity, although the economy will regain its pre-crisis size last seen in 2018, the World Bank said in its latest South Asia Economic Update April 2026. ..