Notable economic recovery by last quarter 2021 - CBSL Daily News (via HT Media Ltd.) Sri Lanka’s first quarter growth would be better than expected, Central Bank Governor Prof. W D Lakshman said. Despite the fact that GDP estimates for the first quarter of 2021 have not been released, Governor Prof. Lakshman said Sri Lankan economy is likely to have recorded a higher than expected growth rate in the first quarter of 2021 based on several information such as Index of Industrial Production, Agricultural sector performance and private credit, etc. “We’re pleased to observe positive developments on many fronts particularly during the first quarter. As COVID related lock downs are gradually removed and then with the vaccination drive which is in full force, we expect a notable recovery by the last quarter of the year.”