[Sri Lanka] - Economic experts see Sri Lanka cutting essential rates in second quarter to assist healing - report

INSUBCONTINENT EXCLUSIVE:
quarter and be followed by a cut of 50 basis points in the April-June period, according to the latest median estimates in a Bloomberg
200 basis points this year.With demand gathering pace, analysts expect consumer prices to inch up
and 7%, respectively.The International Monetary Fund has so far disbursed a total of $670 million under its bailout plan, helping Sri Lanka
in overcoming shortages of food, fuel and raw materials
from a contraction of 2.5% in 2023, the survey showed.Source: Bloomberg--Agencies