SL growth rate will increase this year

The UN Economic and Social Commission for the Asia Pacific region forecasts Sri Lanka’s economic growth rate will increase to seven percent this year.
This growth will stem due to increased efficiency in agricultural, industrial and services sectors. Executive Director of the Centre for Policy Studies Dr. Saman Kelegama says rising inflation has posed problems to a number of countries in the world.
Sri Lanka is also experiencing the difficult situation due to the rising inflation. Increasing fuel and food prices in the global market was the major reason for this situation. Dr. Kelegama expressed these views participating in launching of the UN Economic and Social Survey Report for the Asia Pacific Region.