Sri Lanka claims economic growth will be good


The Central Bank of Sri Lanka has resisted pressure to cut interest rates, despite slower economic growth and falling exports.

In its latest assessment of the island nation's economy the Bank admitted the growth of credit in the private sector has moderated.

The economy has been hit by the fallout of the debt crisis in Europe, Sri Lanka's top destination for exports.

The BBC's Charles Haviland reports from the capital Colombo.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.