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Sri Lanka to grow 3.5% in 2025 despite tariff headwinds, says World Bank

By Thomson Reuters Apr 23, 2025 | 1:26 AM

COLOMBO (Reuters) -Sri Lanka is on track to achieve growth of 3.5% this year, the World Bank said in its latest report on Wednesday, notwithstanding challenges from hefty U.S. tariffs and an ongoing financial crisis recovery.

The island nation rebounding from a deep financial crisis sparked by a record dollar shortfall three years ago, posted a 5% growth last year, aided by a $2.9 billion program from the International Monetary Fund (IMF).

(Reporting by Uditha Jayasinghe, editing by Swati Bhat)