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Posted on December 19th, 2020
by Sanath Nanayakkare Courtesy The Island
Growth rebounded to 1.5% in 3Q reflecting great recovery of the economy after the economic contraction in 1Q and 2Q of this year signaling a near normalcy, therefore, the predicted robust turnaround of 5.5% growth for next year is not an ambition, it is an achievable goal, State Minister of Money and Capital Market and State Enterprise Reforms said on Wednesday.
We are quite optimistic about the 4Q recovery consolidating upward growth next year”, he said.
The state minister made these comment while speaking at the 4th Annual Asia Securities Sri Lanka Investment Conference held on a virtual format.