Latest Breaking News On - Public enterprise reforms ajith nivard cabraal - Page 1 : comparemela.com

Posted on July 16th, 2021 Courtesy The Daily FT BowerGroupAsia (BGA), a strategic advisory firm that specialises in Foreign Direct Investment throughout the Indo-Pacific, has cautioned its clients, claiming that Sri Lanka is on the brink of severe economic crisis.  BGA cited a host of recent developments to substantiate its warning. In a confidential commentary to its clients, BGA claims Sri Lanka’s external finances are perilously low, foreign debt repayments are large, and weak public finances severely limit the capacity of the government to take adequate measures to alleviate escalating poverty by providing income support to prevent starvation or stimulate economic growth. 

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