Macroeconomic Forecast Sri Lanka

July 2006 | Macroeconomic Forecasts

BMI View: Rising inflation on the back of spiralling global oil prices continue to hurt the US$23bn economy. The government's hope of hitting 7.0% annual growth in 2006 is hostage to escalating violence between the military and Tamil Tiger rebels, which could reignite a two-decade civil war. We believe growth in 2006 will remain in the 5.5-6.0%

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