- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Sri Lanka would still grow at 5.0 percent or more after policy rates were hiked 50 basis points to 8.5 percent, he said.
A suspension of value added tax by courts could undermine revenue collections and undermine a 2.0 percent of gross domestic growth correction this year.
Early indications on growth, was also strong, based on tourist earnings, remittance, domestic industry and services were strong, allowing the rate hike Coomaraswamy said.