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Investing.com -- Sri Lanka’s economy will grow by 4.5% this year, according to a monetary policy report released by the central bank on Friday.
The growth projection comes despite potential risks to the island nation’s economic recovery from U.S. tariffs.
The central bank noted that while growth is expected, there are challenges on the horizon.
"However, external demand conditions and evolving global economic landscape increase the level of uncertainty associated with growth prospects over the near to medium term," the report stated.
The forecast provides insight into Sri Lanka’s economic trajectory as the country continues its recovery efforts.
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