S.Lanka says ’08 growth to hit 4-yr low of 6 pct

[Reuters] Sri Lanka’s economic growth will slow to its lowest level since 2004, to near 6 percent, down from last year’s 6.8 percent, due to global and local economic conditions, officials said on Tuesday. Sri Lanka has been maintaining above 6 percent growth since 2004 and expected a minimum of 6.5 percent expansion, revised in […]

S.Lanka says ’08 growth to hit 4-yr low of 6 pct

[Reuters] Sri Lanka’s economic growth will slow to its lowest level since 2004, to near 6 percent, down from last year’s 6.8 percent, due to global and local economic conditions, officials said on Tuesday. Sri Lanka has been maintaining above 6 percent growth since 2004 and expected a minimum of 6.5 percent expansion, revised in […]