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Ahead of the November 2019 election, Sri Lankan presidential challenger Gotabaya Rajapaksa proposed sweeping tax cuts so reckless the incumbent government thought it must be a campaign gimmick.
(Bloomberg) Ahead of the November 2019 election, Sri Lankan presidential challenger Gotabaya Rajapaksa proposed sweeping tax cuts so reckless the incumbent government thought it must be a campaign gimmick.
Promoting organic farming and heedlessly printing money, the country’s ruling clan has conclusively demonstrated why some ideas should remain on the shelf
Sri Lanka's finance minister will visit New Delhi on Tuesday to sign a $1 billion credit line to pay for essential imports of food and medicine, an official said on Monday, as the island nation struggles with its worst financial crisis in years. The island's foreign reserves have dropped 70% in the last two years to $2.31 billion in February, stalling critical imports