Crisis-hit Sri Lanka hikes interest rates in bid to tame inflation
(AFP)- Sri Lanka’s central bank hiked interest rates Thursday in a bid to tame rampant inflation and discourage consumer spendingContinue Reading
Tag: Economy
Explainer-Sri Lanka on the edge as debt burden mounts
COLOMBO (Reuters) – Hit hard by the COVID-19 pandemic, Sri Lanka is facing its most serious financial crisis in years,Continue Reading
Sri Lanka leader sacks minister who criticized farm policy and rising food prices
COLOMBO, Sri Lanka (AP) — Sri Lankan President Gotabaya Rajapaksa sacked a government minister on Tuesday after he criticized aContinue Reading
Sri Lanka’s food prices rose by a record 22.1 % in December as shortages bite
(AFP)-Sri Lanka’s food prices rose by a record 22.1 percent in December, official figures showed Saturday, as the country strugglesContinue Reading
Sri Lanka Central Bank unveils six-month plan to stabilise economy
COLOMBO, Oct 1 (Reuters) – Sri Lanka’s central bank governor unveiled on Friday a six-month roadmap for putting the economyContinue Reading
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