Economy / Sri Lanka
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Macroeconomic Forecast Sri Lanka
August 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: Low-intensity conflict between the government and Tamil Tiger rebels could hit the economy and push up inflation and interest rates while threatening the central bank's 2006 economic growth forecast of around 7.0%. Rising global oil prices continue to hurt Sri Lanka's imports - the trade deficit widened by 48% y-o-y in H106. We believe growth in 2006 will remain in the 5.5-6.0%