Consumer Spending Rebounds with USD 42.65 Billion in 2024
Consumer expenditure in Sri Lanka has shown a robust recovery, reaching USD 42.65 billion in 2024. This notable increase over the past 18 months highlights a significant rebound from the economic downturn, according to Ramakrishnan Gopalan, Vice President & Head of Products for India & South Asia at Visa. Gopalan noted that the country is