TikaWeeks #18/2023: Sri Lanka update
Posted by John on 2nd May 2023
The financial crisis in Sri Lanka is still on many potential visitors’ minds. The political and economic mire that left Sri Lanka in a parlous state last year has passed, thankfully, and a much needed IMF intervention has boosted the island’s economy. The Government took the unprecedented step of slashing fuel prices at the end of March this year, and an international consortium of Sri Lanka’s creditors recently launched an initiative to restructure the country’s debt. Things are definitely looking up…
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