LMD, a well-known business leader in Sri Lanka, said that the budget proposals presented for the year 2024 have not led to the sprouting of expectations for the coming year in the business community. December issue reports.Sri Lanka Latest News
Confidence in the economic recovery, which stood at 12% in October among the business community, has fallen to 8% by November.
In October, 27% believed that the economy would remain as it is in the next twelve months, which had dropped to 19% by November.
73% of the business community think the situation will worsen in the next twelve months. It’s in November