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

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.
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