Economy· August 17, 2026 at 04:55 a.m.
Sri Lankan Inflation Expected to Decrease, Says Central Bank Head
Key takeaways
- Sri Lankan inflation expected to decrease
- Inflation peaked at 18.7% in October 2021
- IMF aid potential if inflation decreases
The Governor of Sri Lanka's Central Bank, Ajith Nivard Cabraal, has predicted a decrease in the country's inflation rate. According to reports, Cabraal made this statement during an interview with Bloomberg on Tuesday, April 12th, 2022. The central bank head attributed the expected decline to the government's efforts to control food prices and stabilize the foreign exchange market.
