Lowest economic growth in South Asia reports from Sri Lanka

Tuesday, 15 October 2019 - 12:53


The World Bank yesterday revealed that Sri Lanka’s economy was forecast to grow by 2.7% in 2019, the slowest within South Asia, and above 3% over the next two years.

Only Afghanistan is expected to grow slower than Sri Lanka in the region, with Bangladesh the fastest-growing at 8.1%.

India will grow by 6% this year and Pakistan by 3.3%.

Other smaller nations such as the Maldives Nepal and Bhutan are projected to witness better growth than Sri Lanka.

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