2025 Sri Lanka GDP growth forecast at 3% by President Ranil Wickremesinghe, proposes salary increase for government employees and plans to enact 4 economic laws.
Sri Lanka's GDP growth is expected to hit 3% by 2025, according to President Ranil Wickremesinghe. He also announced government servants' salaries will increase next year. The president identified four key laws for economic growth, with the first already enacted - granting independence to the Central Bank. The remaining laws are Public Debt Management Law, Public Finance Act, and Economic Transformation Law.
May 12, 2024
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