The Sri Lankan economy started showing signs of gradual recovery during the latter part of 2023. Positive economic growth was recorded by the Sri Lankan economy in the third quarter of 2023, following consecutive contractions since the first quarter of 2022. Leading economic indicators signal the continuation of the strong pace of activity during the last quarter of 2023, Central Bank Governor Dr Nandalal Weerasinghe said on Wednesday presenting the banking regulator’s annual policy statement for 2024.
It said the challenges that the Sri Lankan economy and its people experienced during the last few years have been the most arduous in the country’s post-independence history. Policy measures taken thus far helped restore stability, albeit with some significant socio-economic costs.
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The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.

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