Economy / Sri Lanka
If you would like to subscribe to South Asia Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to South Asia Monitor please click on the trial link below.
Macroeconomic Forecast Sri Lanka
September 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to South Asia Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to South Asia Monitor please click on the trial link below.
BMI View: Growth in Sri Lanka's US$23bn economy depends largely on whether the government and Tamil Tiger rebels can avert a return to full-blown civil war. Institutional investors are keeping out of the local stock market as uncertainty grows, while many companies from the textile to power sectors are holding back investments. Rising global prices will continue to hurt inflation and imports. BMI expects that growth in 2006 will remain below 6.0%.