The Central Bank (CB) estimates growth of 8 per-cent for 2010 and expects 8.5 per-cent growth in 2011 with a Gross Domestic Product (GDP) deflator of 6 per-cent, according to the CB Road Map for 2011.
The BOP surplus is expected to be US$ 350 Million and the overall budget deficit is expected to decline in 2011 to 6.8 per-cent of GDP.
Central Bank Governor Ajith N. Cabraal also announced that Foreign Exchange Controls would be relaxed in the coming year.
All registered financial companies are expected to list on the CSE by June 2011, according to the CB.(DS)