Sri Lanka inflation to reach 5% target during Q3-Q4: Central bank official

Colombo [Sri Lanka], February 21 (ANI): Inflation in Sri Lanka is expected to return to the government's 5 per cent target starting from the last two quarters of the current year, Reuters reported, citing a Central Bank of Sri Lanka (CBSL) official said.

The island nation's economy is stabilising from a crippling financial crisis of 2022, which was triggered by depleting foreign exchange reserves. Sri Lanka faced a severe