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World Bank forecasts Sri Lankan economy to grow by 1 7% in 2024

Sri Lanka's economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, the World Bank said in its twice-a-year update on Tuesday. The World Bank said that the outlook is clouded with uncertainty and that growth prospects depend on progress with debt restructuring and the implementation of critical structural reforms. The World Bank released on Tuesday its

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World Bank forecasts Sri Lankan economy to grow by 1 7 pct in 2024

World Bank forecasts Sri Lankan economy to grow by 1 7 pct in 2024
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Revenue Mobilization is Fundamental for Sri Lanka to Get on a Sustainable Fiscal Path

COLOMBO Sri Lanka’s economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, says the World Bank in its twice-a-year update, while signaling that the outlook is clouded with uncertainty and that growth prospects depend on progr

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LankaWeb – Timely, credible structural reforms vital for Sri Lanka to reset its course: World Bank

LankaWeb – Timely, credible structural reforms vital for Sri Lanka to reset its course: World Bank
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Implementation of Timely & Credible Structural Reforms Vital for Sri Lanka to Reset its Course: World Bank

Sri Lanka’s heightened fiscal, external, and financial sector imbalances and its fluid political situation pose significant uncertainty for the country’s economic outlook, says the World Bank in its twice-a-year update, underscoring the need to address the root causes of the country’s economic crisi

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