World Bank says Sri Lankan economy to expand 2.2 pct in 2024

COLOMBO, June 14 (Xinhua) -- Sri Lankan economy is expected to expand by 2.2 percent in 2024 and reach 3 percent in 2026, assuming successful debt restructuring negotiations and the implementation of structural reforms, according to the World Bank's latest Global Economic Prospects report on Friday.

In early 2024, private sector activity picked up in several countries, including Pakistan and Sri Lanka, said the