ADB revises down inflation forecast for Sri Lanka

COLOMBO, July 21 (Xinhua) -- The inflation forecast in Sri Lanka for 2024 is revised down as supply-side conditions improved alongside better external buffers and the availability of foreign currency, said the Asian Development Bank (ADB) in its latest forcast.

According to the ADB economic forecasts for Asia and the Pacific for July, although the economic performance in Q1 2024 in Sri Lanka exceeded Asian Devel