Tuesday, 02 January 2024 12:17 GMT

Sri Lanka's economy to grow by 7.8 percent this year


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(MENAFN) Economy of Sri Lanka is forecasted to see an improvement by 7.8 percent in 2014, according to Arab News. Inflation is also expected to reach 4-6 percent by the end of the current year, with a lower interest rate regime. The central bank also announced plans to merge banks and non-banking financial firms to strengthen financial stability.

MENAFN

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