The sixty-ninth Annual Report of the Monetary Board of the Central Bank of Sri Lanka was presented to Mangala Samaraweera, the Minister of Finance, by Dr. Indrajit Coomaraswamy, the Governor of the Central Bank.
According to the report, the real GDP growth was recorded at 3.2 percent in 2018, compared to 3.4 percent in the previous year.
This growth was largely supported by services activities that expanded by 4.7 percent and the recovery in agriculture activities, which recorded a growth of 4.8 percent.
Industry activities slowed down significantly to 0.9 percent during the year, mainly as a result of the contraction in construction.
According to the expenditure approach, both consumption and investment expenditure supported growth.
