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SL%E2%80%99s+economy+may+overtake+projected+5%25+growth
Monday, 18 April 2016 - 6:43
SL’s economy may overtake projected 5% growth
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Reports indicate that Sri Lanka’s economy may grow stronger than the projected 5 to 5.5 percent fueled by the proposed Chinese investments, IMF loan deal, and better export revenue in the second half of the year.

The economy grew 4.8 percent last year compared to 4.9 percent in 2014.

Central Bank Governor Arjuna Mahendran said there are ‘glimmers’ of what could be a reasonably strong growth outlook for the rest of the year.

he said the quality of economic growth will change over the next couple of years, and that would help increase investor confidence as well.

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