Sri Lanka, Dec. 28 -- Sri Lanka is expecting 4.0 to 4.5 percent economic growth in 2020 and inflation below 4.0 percent and a higher 6.5 percent growth in the medium term with better policies Central Bank Governor W D Lakshman said. Sri Lanka's growth has fallen sharply in 2019, after the collapse of the rupee currency in 2018 and a suicide bombing in April. The second-quarter output growth was 1.6 percent. Director of Economic Research Chadranath Amarasekara said growth is likely to be around 2.7 to 2.8 percent in 2019."We expect economic growth to accelerate to around four to 4.5 percent and inflation to remain below 4 percent in the year 2020," Lakshman told reporters after his maiden monetary policy meeting.
"Beyond 2020 with necessary...