(Bloomberg) -- Sri Lanka's economy probably grew at
the slowest pace in two years as Asia's highest interest rates
and renewed violence between government forces and separatist
rebels curbed spending.
Gross domestic product expanded 6.1 percent in the first
quarter from a year earlier, after 6.2 percent growth in the
three months to Dec. 31, according to the median forecast of 11
economists in a Bloomberg News survey. That's the slowest pace
since the first three months of 2005. The central bank is due to
release the figures in the capital, Colombo, tomorrow.
Read more at Bloomberg Bonds News
the slowest pace in two years as Asia's highest interest rates
and renewed violence between government forces and separatist
rebels curbed spending.
Gross domestic product expanded 6.1 percent in the first
quarter from a year earlier, after 6.2 percent growth in the
three months to Dec. 31, according to the median forecast of 11
economists in a Bloomberg News survey. That's the slowest pace
since the first three months of 2005. The central bank is due to
release the figures in the capital, Colombo, tomorrow.
Read more at Bloomberg Bonds News
No comments:
Post a Comment