A senior Sri Lanka ministers says the International Monetary Fund should not be painted as a big demon as the country attempts to fix the external problems sans the Washington based lender.
Tourists travelling to Sri Lanka will now have to pay for their goods and services in foreign currency, the Central Bank announced on Thursday, as part of its efforts to inject more liquidity in the economy and build up the country’s depleted foreign exchange reserves. The directives were taken by the Central Bank of Sri Lanka with a view to strengthening macroeconomic
LankaWeb – There is no money left : Covid crisis leaves Sri Lanka on brink of bankruptcy lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
Sri Lanka is facing a deepening financial and humanitarian crisis with fears it could go bankrupt in 2022 as inflation rises to record levels, food prices rocket and its coffers run dry. Comment: Even the 'developed' world is suffering from.