Sri Lanka, Sept. 28 -- Considering the GDP growth trend is more important than the rate which is only a number, said Central Bank Governor Dr. Nandalal Weerasinghe disclosing the Monetary Policy stance of the Central Bank last week.
He said so in response to a media query whether the Central Bank could be happy with 4.5% growth expected this year when it pitched little higher at around 5%.
According to the Governor, the economy is estimated to have grown by 4.8% in H1-2025. Leading indicators reflect a continuation of this momentum into Q3-2025, it said.
"Do you think that 4.5% growth is bad? It is over and above the growth rate of previous years. What one needs to see is the growth trend and not the number," the Governor said. The eco...
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