Sri Lanka's 5% economic growth forecast uncertain amid global instability: CBSL Chief
Sri Lanka, May 18 -- Although Sri Lanka had initially expected an economic growth rate of around 5% for 2026, recent changes in global economic conditions after March have made it difficult to provide an accurate forecast, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has said.
The Governor noted that before the emergence of the current global economic instability, projections had indicated that Sri Lanka's economy would grow by approximately 5% in 2026.
However, he explained that due to instability in the global economy since April, it is now uncertain how conditions will evolve over the coming months.
Dr. Weerasinghe said that if the current situation stabilizes within three months, the Sri Lankan econ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.