Budget 2018 Will Clarity in Thought Translate to Clarity in Action?
Slow growth, declining export earnings and FDI inflows, and inadequate foreign exchange reserve cover characterize Sri Lanka’s current macroeconomic climate. The heavy dependency on nontradables is a key factor slowing the country’s growth momentum. Apart from this structural feature, unfavourable weather conditions that are causing inflationary pressures could potentially dampen growth. Tightening of fiscal and
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