Growth In Sri Lanka Will Accelerate In 2024, 2025
Country Risk / Sri Lanka / Thu 02 May, 2024
Key View
- Sri Lanka’s economy returned to growth in Q323, and we think that output will rise by 4.0% in real terms in 2024. We have revised this forecast upwards following strong activity data in Q1 2024.
- The recovery will be driven by rising household spending, increased manufacturing output, and a recovering tourism sector.
- While we think that