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IMF+commends+Sri+Lanka%27s+Economic+Growth+Rate
Saturday, 15 December 2012 - 12:49
IMF commends Sri Lanka's Economic Growth Rate
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IMF's resident representative Koshy Mathai says that Sri Lanka's recent growth has been strong, and ahead of some of the fastest growing economies in Eastern Europe, Latin America and Asia, though inflation and national debt has to fall.

Economic growth in the last two years has averaged around 8 percent which was higher than Hungary, Cze-chos-lovakia, Pakistan, India, Thailand, Russia, Mexico, Chili, Indonesia, Malaysia, Vietnam and Turkey among other countries. 

However, Khoshi Mathai added that while Inflation has fallen dramatically, Sri Lanka has more to do, as Sri Lanka is still a reasonably high inflation country

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