Sri Lanka News Updates with Discussions

Global recession jolts Lankan economy

Analysts fear Govt s ambitious target of 6.8% economic growth for 2009 is unlikely
Warning signs as apparel exports dip by 12% in September Tea and rubber remain vulnerable

WB Lankan Director says high probability of lower GDP growth as multilateral donor downgrades forecast for developing nations to 4.5% for 2009 from previous projection of 6.4%

Key military gains fail to boost stock market investor sentiment as Bourse loses Rs. 173 b in value

High interest rates, inflation and fiscal management key concerns

Lower oil prices a silver lining on reserves though no real relief for users

The IMF in its late October assessment on Sri Lanka projected the economy to grow by only 5.8% in 2009.

The World Bank chief Robert B. Zoellick last week downgraded growth prospects for developing countries to 4.5% in 2009 in comparison to earlier projection of 6.4%.

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Global recession jolts Lankan economy

yes only and purely lanka

his son was studying aeronatics at HMIT..

The IMF in its late October assessment on Sri Lanka projected the economy to grow by only 5.8% in 2009.

The World Bank chief Robert B. Zoellick last week downgraded growth prospects for developing countries to 4.5% in 2009 in comparison to earlier projection of 6.4%.