Section

Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank

By Economic Times - 8 months ago
Sri Lanka's bankrupt economy is expected to grow by 4.5% YoY in Q4 2023, following six consecutive negative quarters. The Central Bank reported a decrease in headline inflation to 5.9% in February from 6.4% in January. The gross official reserves improved to USD 4.5 billion by the end of February 2024, including a swap facility from the People's Bank of China.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.