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.
April 22, 2024
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