2024-2025 economic rebound in Sri Lanka predicted at 1.9% and 2.5%, following 2 years of contractions.

Sri Lanka is expected to experience a rebound in its economy, with experts predicting growth of 1.9% in 2024 and 2.5% in 2025, following two years of contractions. The Asian Development Bank attributes the economic recovery to a 3% growth in the second half of last year. This positive turnaround is attributed to increased exports, public spending, or financial reforms, which could help Sri Lanka overcome its economic crisis.