CB confident of achieving 5% growth this year

The Central Bank is upbeat on the possibility of Sri Lanka achieving an economic growth of 5 percent 
in 2021.

After the Department of Census and Statistics released second quarter GDP estimates on Wednesday, the Central Bank tweeted that with the ongoing vaccination drive and mobility restriction being relaxed, a 5 percent growth rate is “likely to be a reality”.

It pointed out that the national economy witnessed a Year-on-Year (YoY) growth of 12.3 percent in 2Q21.
The real growth in the first half of 2021 (1H21) is 8 percent YoY, the Central Bank added.