Sri Lanka economy expected to grow 7.3 percent


(MENAFN) The World Bank said that Sri Lanka's economic growth is expected to hit surge this year, Xinhua reported



The World Bank said: "Sri Lanka would continue to grow at 7.3 percent this year as the economy was sustained by new capacity from infrastructure investments and rebuilding after the country's recent conflict.



The growth forecast is well over the South Asian average of 5.2 percent, as well as the estimate for India of 5.7 percent, Pakistan's 4 percent, 5.4 percent for Bangladesh and 3.2 percent for Afghanistan



The World Bank said that the stronger momentum of activity in the second half of 2013 will also lead to stronger carry-over into this year


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