CB Chief expresses optimism about SL’s economic recovery in 2024
June 24, Colombo (LNW): Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe expressed optimism about Sri Lanka’s economic prospects for 2024, forecasting positive annual economic growth for the first time since the onset of the economic crisis.
Speaking on Ada Derana’s current affairs programme “At HydePark“, Weerasinghe emphasised the importance of sustaining the current trajectory of economic recovery.
He highlighted that Sri Lanka is nearing the completion of its debt restructuring programme and has made significant strides towards achieving short-term economic sustainability.
Looking ahead, the Governor stressed the necessity of aiming for an annual economic growth rate of between 4 per cent and 5 per cent in the coming years as part of the country’s long-term economic revitalisation strategy.
He underscored the importance of safeguarding the gains made in the short term through the restructuring programme.
