The Central Bank of Sri Lanka (CBSL) believes that by end 2016 Sri Lanka’s Gross Domestic Product (GDP) would surpass the USD 100 billion mark.

CBSL Governor Ajith Nivard Cabraal revealed this when addressing the Defence Seminar 2014 being held in Colombo, while adding that Sri Lanka’s GDP would near the USD 77 billion mark by end this year.

In 2005 Sri Lanka’s GDP was USD 24 billion.

While explaining further, the CBSL chief said the government has invested nearly USD 3.5 billion on reconstruction and infrastructure facilities in the northern province.

Some 12,000 LTTE members have been rehabilitated and re-integrated into society, he further pointed out.