Bloomberg News

Sri Lanka’s Central Bank Lowers 2011 GDP Growth Estimate to 8.3%

October 06, 2011

Oct. 6 (Bloomberg) -- Sri Lanka’s economy may grow about 8.3 percent in 2011, Dharma Dheerasinghe, deputy governor of the island’s central bank, said in Colombo today, lowering a projection of 8.5 percent made earlier this year. The construction industry will help drive expansion, he said. He didn’t elaborate on why the central bank cut its forecast.

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Sunil Jagtiani at sjagtiani@bloomberg.net


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