Sri lanka heading for 4.1 growth

The Asian Development Bank has predicted that  Sri Lanka will achieve a 4.1 growth rate in 2021 despite having to face macro-economic challenges. It is predicted that private consumption will increase and that would bring about growth. Investments and low-interest rates would also help economic growth said the ADB.

 

“Progress on the Colombo Port City special economic zone is expected to foster foreign direct investment, as does development in the Hambantota industrial zone said. Providing vaccinations to the population will play a crucial role in these developments.