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Home : General : CB says the economic development rate will be over seven percent
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CB says the economic development rate will be over seven percent

Editor on 13 January, 2008 06:22:02 | 1651 times read
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The Central Bank of Sri Lanka says the economy will see a development rate between seven to seven point five percent this year.
The Central Bank says this increase will be caused by contributions from the industrial, agricultural and services sectors. According to estimates the contribution of the agriculture sector will be
4.4 percent the industrial sector 8.2 percent while the services sector will see an improvement of 7.7 percent.
The Bank forecasts that inflation will greatly ease this year.

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