Forecast


The country’s Central Bank estimated the economy to grow at 6.5% and maintain a medium term rate of 7-8%.The Central Bank’s fiscal policy in 2010 and beyond will focus on strengthening its fiscal consolidation by enhancing government revenue and cutting recurrent expenditure.

 

The Colombo Stock Exchange is the fastest growing Asian exchange. 2009 ended with a 105% growth and a market capitalization of US $ 7.5billion. It is to be the prime location of emerging stocks by 2011.