Sri Lanka’s economic growth losing steam: former Central banker

May 18, 2015 (LBO) – Sri Lanka’s economy is at cross road and is losing steam due to the lack of a resource base and external sector vulnerability, an ex-Central Banker said. “No government would be able maintain high levels of economic growth continuously like Sri Lanka, unless it has a massive source of resources,” […]

‘s economic growth to remain at 7.5-pct in 2015: ESCAP

May 14, 2015 (LBO) – Sri Lanka’s will maintain high growth rate of 7.5 percent in 2015 on continued strength in private consumption, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said. “Growth is expected to remain at the high rates of 7.5 percent in 2015 and 7.6 percent in […]