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Central Bank of Sri Lanka gives 2019 annual report to Mahinda

ECONOMYNEXT – Sri Lanka’s central bank said it has handed over a copy of the 2019 annual report to Prime Minister Mahinda Rajapaksa who is also the finance minister.

W D Lakshman, Governor of the Central Bank has handed over a copy of the report in terms of the governing law of the agency.

The report covers the economic development of the country in 2019 and also has a chapter on forecasts for 2020.

Sri Lanka’s economy grew 2.3 percent in 2019 is forecasted to grow 1.5 percent in 2020.

Sri Lanka had recorded annual average inflation of 4.3 percent in 2019, foreign reserves of 7.6 billion US dollars and a balance of payments surplus of 377 million US dollars. (Colombo/Apr29/2020)