Sri Lanka, March 27 -- The Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe says it will take at least two years for Sri Lanka to reach a real GDP value similar to that of 2018.

Speaking at the CBSL's Monetary Policy briefing on Wednesday (26), the Governor further said this year's economic growth will depend on policies implemented within the year, mainly fiscal and structural policies.

Dr. Weerasinghe, who further clarified that the negative inflation is temporary, noted that it is mainly due to repeated reductions in electricity tariffs and fuel prices, not because of volatility in demand and supply or monetary policy.

"Deflationary conditions are expected to gradually ease from March 2025, with inflation projected...