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Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from ...
Persistent deficits made it difficult for Sri Lanka to meet its debt obligations, and the COVID-19 pandemic worsened the nation’s economic outlook. Sri Lanka is an island nation in the Indian ...
While Sri Lanka’s economy outperformed forecasts in 2024—surpassing the World Bank’s initial 4.4% growth estimate—the momentum is expected to weaken next year. Comments - 0 Add Your Comment ...
"While Sri Lanka's economy is bouncing back stronger than expected, a significant portion of the population — about a third — remains in poverty or is at risk of falling back into poverty ...