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Monday, 27 June 2016 - 7:58
Sri Lanka keeps policy rates unchanged at 8%
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The Sri Lankan economy grew by 5.5%, in real terms, in the first quarter of 2016 compared to the growth of 2.5% recorded in the last quarter of 2015 according to provisional estimates of the Department of Census and Statistics.

Economic growth was mainly supported by the expansion of Industry and Services related activities, which grew by 8.3% and 4.9%, respectively, during the first quarter of 2016 in value added terms.

Meanwhile, agriculture related activities recorded a moderate growth of 1.9% during this period.

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