State Minister for Finance Mr. Ranjith Siambalapitiya says that the economic growth in this country will be positive in the last quarter of this year.
The minister stated that although various international financial institutions made various predictions, last year too they were able to manage the country’s economy beyond those predictions.
According to World Bank forecasts this year, the country’s economic growth rate is said to be negative 4.2.
According to the forecasts of the International Monetary Fund, the country’s economic growth rate will be negative 3.0 this year.
Also, according to the Central Bank forecasts, the economic growth rate in this country will be between negative 2-3.
However, the minister says that everyone should work with determination to increase their contribution to the national product.
According to that, the economic growth rate of this country will be positive by the last quarter of this year, the minister said.
The minister said this while speaking to the media while participating in a program held in Dehiowita area yesterday evening.
