Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank

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Sri Lankan Economy Records 4.5% Growth In Fourth Quarter Of 2023: Central Bank

After six successive quarters of negative growth, Sri Lanka’s bankrupt economy is estimated to have recorded a growth of 4.5% year-on-year in the fourth quarter of 2023, the Central Bank announced here on Tuesday.It was only during the third quarter of 2023 that the economy recorded positive growth after six successive quarters of negative growth experienced by the cash-strapped economy.The headline inflation, as measured by the year-on-year cha…