Sri Lanka c. bank to focus on stronger crisis recovery in 2025
SRI
COLOMBO : Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5 per cent in 2024, the highest in seven years, its central bank chief said on Wednesday, hoping to accelerate a rebound from its worst financial crisis in decades. Sri Lanka's economy crumpled under a severe foreign exchange crisis in 2022, but has posted a faster than expected rally after it secured a $2.9 billion International Monetary Fund (IMF) program in March 2023 and completed
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