Economic growth of 5% likely to be a reality: CBSL

16 September 2021 11:05 am - 0 - {{hitsCtrl.values.hits}}

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The government yesterday sounded upbeat on the possibility of Sri Lanka achieving an economic growth of 5 percent in 2021.

The Central Bank of Sri Lanka (CBSL) tweeted late last evening that with the ongoing vaccination drive and mobility restriction being relaxed, a 5 percent growth rate is "likely to be a reality".

It pointed out that the national economy witnessed a Year-on-Year (YoY) growth of 12.3 percent in 2Q21.

The real growth in the first half of 2021 (1H21) is of 8 percent YoY, the CBSL added.

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Economic growth of 5% likely to be a reality: CBSL

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