United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Menu
Stay Connected
facebooktwittermobile
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

Sri Lanka achieves admirable economic development

Aug 27, 2011 11:02:54 AM - itnnews.lk

Minister Prof. G.L. Peiris has stated before the foreign diplomats that Sri Lanka has achieved admirable economic development.

He said that  Sri Lanka has been able to achieve a growth rate of 7.9% in the first quarter of the year. It is expected to be increased up to 8.5% before the end of this year. The Minister pointed out that the foreign reserves of the government have increased up to 8 billion US dollars. He also pointed out that the government has also been able to control the inflation at 5.5%.