ECO­NOMIC OP­TI­MISM, PO­LIT­I­CAL TEN­SIONS

Business Traveller (Middle East) - - Lifestyle -

Sri Lanka’s econ­omy con­tin­ues to pros­per – nine years af­ter the end of its 26-year civil war – with the World Bank pro­ject­ing growth of around 4 per cent in the next two years. Spear­headed by grow­ing tourism, new ho­tel pro­pos­als have dou­bled and tourist ar­rivals shot up 11.6 per cent to 1.7 mil­lion the first nine months of 2018. The one cloud has been the re­cent po­lit­i­cal cri­sis which may de­ter in­vestors and limit the pace of eco­nomic pol­icy and re­forms should it es­ca­late.

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