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BBCNEWS Sri July 4, 2024

A long way off. As i travelled across the Island Nation from the coastal Fishing Towns to vibrant tourist hubs and central farmlands, i saw how the harsh economic realities have forced sri lankans to make tough choices. These are their stories. You like going to the sea . Yes, i like this. First, the shortages and then, a cut in the Government Subsidy has meant fuel is three times more expensive than last year, raising the risks forfishermen. Theres no guarantee they can cover expenses on every fishing trip. More than 250km south on the islands coast in arugam bay, The Tide Is Turning for some. Tourism is riding the first waves of recovery. In this town on the eastern coast of sri lanka, the peak of the economic crisis coincided with their main tourist season ....

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BBCNEWS Sri July 4, 2024

More than 50 people have been detained in pakistan for protesting against ex Prime Minister imran khans three Year Prison Sentence for corruption. Now on bbc News Sri Lanka aftermath of a crisis. On the surface, it seems calm has returned to sri lanka. This Seaside Expanse in colombo that was the site for months long protest is now bustling with locals and tourists enjoying a day out. Long queues have gone, food and medicine shortages have eased, and the government is making tough choices to get the economy back on track. But the Real Recovery in the lives of average sri lankans is still a long way off. As i travelled across the Island Nation from the ....

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BBCNEWS Sri July 4, 2024

In the lives of average sri lankans is still a long way off. As i travelled across the Island Nation from the coastal Fishing Towns to vibrant tourist hubs and central farmlands, i saw how the harsh economic realities have forced sri lankans to make tough choices. These are their stories. You like going to the sea . Yes, i like this. First the shortages and then a cut in the Government Subsidy has meant fuel is three times more expensive than last year, raising the risks for fishermen. Theres no guarantee they can cover expenses on every fishing trip. More than 250km south on the islands coast in arugam bay, The Tide Is Turning for some. Tourism is riding the first waves of recovery. In this town on the eastern coast of sri lanka, the peak of the economic cri ....

Bbc News , News Stories , Sri Lanka , Seaside Expanse , Island Nation , Central Farmlands , Fishing Towns , Tourist Hubs , Government Subsidy , Fishing Trip , The Tide Is Turning , Arugam Bay , Surfing Destination , Tourist Season , Surf School , Surf Shop , Surfing Instructor , Haven T , Cover Picture , Rock Picture , Lonely Planet , The Elephant , The One , The Best Travel Destiny , Highlights In Social Media , Bomb Blast ,

BBCNEWS Sri Lanka June 4, 2024 02:39:00

Until that happens, i can t see any major borrowing happening from not only the leisure sector but other sectors as well, because it s impossible to pay. that s why we are hoping that the interest rates will come to at least single digit towards the end of the year, early next year, and then, we are comfortable again. if we in the private sector wait till politically, everything is stable, i don t think it ll ever happen. i can t see sri lanka being politically perfectly stable ever. so, are we going to give in to that pressure and stop developing our country? crowd chants. the country s stability was shaken last year. when cash and food starved, sri lanka ran out of basics. ....

Interest Rates , Leisure Sector , Sri Lanka , Crowd Chants , Ran Out Of Basics ,

BBCNEWS Sri Lanka June 4, 2024 03:39:00

Until that happens, i can t see any major borrowing happening from not only the leisure sector but other sectors as well, because it s impossible to pay. that s why we are hoping that the interest rates will come to at least single digit towards the end of the year, early next year, and then we are comfortable again. if we in the private sector wait till politically everything is stable, i don t think it ll ever happen. i can t see sri lanka being politically perfectly stable ever. so are we going to give in to that pressure and stop developing our country? crowd chants. the country s stability was shaken last year. when cash and food starved, sri lanka ran out of basics. ....

Interest Rates , Leisure Sector , Sri Lanka , Crowd Chants , Ran Out Of Basics ,