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IMF prescribes tax raise, social safety measures to Sri Lanka for financial stability

The International Monetary Fund (IMF) on Friday recommended a number of measures for macroeconomic stability in Sri Lanka and also to mitigate adverse impacts on the vulnerable and the poor.

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Sri Lanka's faces Chinese 'strategic trap': Expert

Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese strategic trap responsible for the precarious situation, the island country faces.

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