5 days ago
Sri Lanka's central bank governor on country's recovering economy
Sri Lanka has made a dramatic recovery since the depths of its 2022 economic crisis. Growth rebounded to 5 per cent last year, interest rates have fallen and foreign reserves have climbed to more than US$6.5 billion. But the road ahead is far from smooth - poverty is high, structural reforms are still underway and there are new US tariffs. CNA's Roland Lim spoke with Sri Lanka's Central Bank Governor Nandalal Weerasinghe on his outlook of the country's economy.
Sri Lanka has made a dramatic recovery since the depths of its 2022 economic crisis. Growth rebounded to 5 per cent last year, interest rates have fallen and foreign reserves have climbed to more than US$6.5 billion. But the road ahead is far from smooth - poverty is high, structural reforms are still underway and there are new US tariffs. CNA's Roland Lim spoke with Sri Lanka's Central Bank Governor Nandalal Weerasinghe on his outlook of the country's economy.
