Economies of the South Asian region to pick up in 2013.

Monday, 28 January 2013 - 8:05

Economies+of+the+South+Asian+region+to+pick+up+in+2013.++++++

 

The latest World Bank report on South Asia expects the economies of the South Asian region to pick up in 2013.

 

It expects the South Asian regional GDP growth to rise to 5.7% in 2013 and improve to 6.7% in 2015.

 

The availability of continuous electricity was a commendable achievement in Sri Lanka, even though the high expenditure affected the balance of payments adversely. The hydropower generation is expected to increase much in 2013, to benefit both the trade balance and public e



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