Sri Lankan central bank sounds positive note for 2013

sri-lanka

A monetary policy review, published today (January 17) by the Central Bank of Sri Lanka, predicts that 2013 will be a largely stable year for the economy, with robust growth and controlled inflation.

The review said growth for 2013 was expected to reach 7.5% – a slight increase on the 6.8% growth in 2012 that was projected in December's review, backed by an "adequate" 18.5% expansion of private sector credit. Inflation, meanwhile, was forecast to move in the opposite direction, continuing a

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