Colombo, Jan 16: Sri Lanka's central bank chief expects the economy to grow five per cent this year, up from an estimated four percent in 1999, a newspaper reported on Sunday."I think economic growth will move at five percent this year compared to four percent last year," central bank governor AS Jayawardena told the Sunday Times in an interview.He forecast good growth in the agriculture, services and telecommunications sectors in 2000.
A Reuters poll of 10 broker research houses last month estimated gross domestic product to rise by 4.9 percent in 2000.
Jayawardena predicted tremendous growth in telecommunications this year. "We would probably see the biggest expansion in this sector this year with some 100,000 lines being installed."
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