Govt monitoring global trends before deciding on fuel subsidy - Deputy Minister
Srilanka, June 17 -- Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando said the government remains highly positive and optimistic that Sri Lanka will continue its current economic trajectory as planned.
Speaking at a press briefing held today (17), he said the first-quarter economic growth rate of 5.1% indicates that the country is moving along the expected path towards achieving the medium-term target of inclusive and sustainable economic growth of 7%.
However, he clarified that this does not mean Sri Lanka is expected to achieve 7% economic growth in 2026, as it is a medium-term target. He said gradual growth improvements, such as 5.1% and 5.5%, would contribute towards maintaining the planned economic trajecto...
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