Food, oil price rises worse than war for Lankan economy
High global food and fuel prices are damaging Sri Lanka's economic growth more than its ongoing civil war, the central bank governor said on Tuesday, but shrugged off suggestions it could miss a 7 percent target.
The Asian Development Bank said earlier this month growth would probably slow to 6 percent this year and next on high interest rates and global economic weakness.
The Asian Development Bank said earlier this month growth would probably slow to 6 percent this year and next on high interest rates and global economic weakness.