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Sri Lanka’s economy grows 3.7% in 2021, below Central Bank projection

(Reuters) – Sri Lanka’s economy grew at a slower-than-expected 1.8% in the fourth quarter of the 2021 financial year, taking its full-year growth to 3.7%, data from the government’s statistics department showed on Tuesday. Lower than…

The Central Bank publishes “Recent Economic Developments: Highlights of 2021 and Prospects for 2022″

The Central Bank of Sri Lanka today published “Recent Economic Developments: Highlights of 2021and Prospects for 2022” online with an overview of the performance of the Sri Lankan economy in…

Sri Lanka’s GDP to grow by 4.1% in 2021 – ADB

Sri Lanka’s Gross Domestic Product (GDP) is projected to grow by 4.1% recovering from the Coronavirus crisis on an expansive budget and stronger global demand with a marked rebound expected…

World Bank Forecasts 3.3% economic growth for Sri Lanka in 2021

The World Bank (WB) projects Sri Lanka’s economy to grow by 3.3 percent while expressing concerns over elevated debt distress in the country. The WB in its latest 2021 Global Economic…

Sri Lanka targets 1.5 million tourist arrivals for 2021

Sri Lanka targets 1.5 million tourist arrivals this year as the government plans to re-open the country’s airports to travelers within the month with COVID-19 health and safety guidelines in…