Friday, 17 March 2017 - 11:34
Sri Lanka's economic growth at 4.4% in 2016 despite impact of inclement weather
Sri Lanka's economy grew at a positive rate of 4.4 percent last year despite the impact of the inclement weather, first disastrous floods and later the drought, on agricultural activities.
Economic growth rate for the year of 2016 has been estimated as 4.4 percent while economy grew during the 4th quarter of 2016 at an estimated 5.3 percent.
During the year 2016, highest growth rate of 6.7 percent was reported for overall Industrial activities mainly from Construction and mining activities.
