Tag: Central Bank cuts Sri Lanka growth forecast to 1.5-pct in 2020

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‘s growth forecast to 1.5-pct in 2020

Apr 28, 2020 (LBO) – Central Bank expects that the real GDP growth in Sri Lanka to decelerated to around 1.5 percent in 2020 before the economy recovers to attain its envisaged potential over the medium term. “The COVID-19 pandemic will adversely impact the progress of the economy during the year, contrary to previous expectations […]