Back then, Thailand’s devaluation led to a global market collapse. A sequel might be in the works. Bloomberg – Pakistan is scrambling for a bailout to avert a debt default as its currency plummets. Bangladesh has sought a preemptive loan from the International Monetary Fund. Sri Lanka has defaulted on its sovereign debt and its government has collapsed. Even India.
Minister of Industries,
Wimal Weerawansha recently appointed the chairman and members of the Advisory
Council of the Automobile Assembling and Automobile Components Manufacturing
Industries in Sri Lanka. The appointments were made as part of the programme to
focus greater attention on the twenty ind