IMF holds forecast for Sri Lanka 2019 growth at 3.5% despite attacks
Written by MagaFirstNews on May 16, 2019
FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., as IMF Managing Director Christine Lagarde meets with Argentine Treasury Minister Nicolas Dujovne September 4, 2018. REUTERS/Yuri Gripas
May 16, 2019
COLOMBO (Reuters) – The International Monetary Fund said on Thursday it was holding its projection for Sri Lanka’s 2019 economic growth at 3.5% despite devastating Easter bombings that have alienated tourists and soured business sentiment.
“We maintain this year’s growth projection at 3.5% with the gradual improvement of the economy,” Manuela Goretti, the IMF’s mission chief for Sri Lanka, said in a teleconference with journalists in the capital Colombo.
(Reporting by Shihar Aneez; Writing by Alexandra Ulmer; Editing by Darren)