SRI LANKAN ECONOMY NEEDS 2-3 MORE YEARS TO RECOVER TO 2018 LEVELS – CENTRAL BANK
Posted on May 28th, 2025
Courtesy Hiru News
The Central Bank of Sri Lanka estimates that it will take at least another two to three years for the country’s economy to return to the level it was at in 2018.
Dr. Chandranath Amarasekara, Assistant Governor of the Central Bank of Sri Lanka, made this statement while participating in a lecture on the annual economic review for 2024.
He added that the cost of living had doubled by last year compared to 2021.