South Asia has regained its lead as the fastest growing region in the world, supported by recovery in India according to the World Bank, but the struggle by Sri Lanka is likely to persist with below 5% improvement being forecast.
India’s 2018 growth is forecast at 7.3%, Bangladesh at 6.5% and Pakistan at 5.8%. For next year, India’s growth is tipped to be 7.5%, Bangladesh 6.7% and Pakistan 5%.
The South Asia Economic Focus (SAEF) said Sri Lanka’s economic performance is expected to be 4.8% in 2018. Sri Lanka's Central Bank Central released its Annual Report for 2017 and economic growth for 2017 was 3.1%,
CONGRATULATIONS YAHAPALANAYA! Thank you for turning Sri Lanka from one of the fastest growing economies in the world, with one of the world's best performing stock markets, into a shithole going nowhere. Our economic growth is now WORSE than it was during war time! The rupee has fallen to historic lows. The stock market has been destroyed. No new investments, no infrastructure development, no new jobs. Daily power and water cuts, filthy streets, political instability, social media bans, riots, the list just goes on and on.
Slow claps for the idiots who voted for this shit.