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Thursday, 31 March 2016 - 15:45
SL economic growth to rise in 2016
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Sri Lanka's economic growth is projected to recover in 2016 as private sector investment will pick up once fiscal reforms are committed to.

The Asian Development Bank said yesterday that growth will rise further in 2017 as the global environment improves.

ADB's flagship annual economic publication, Asian Development Outlook 2016, forecasts gross domestic product growth to rise to 5.3% in 2016 before recovering further to 5.8% in 2017.

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