Twin deficits, balance of payments issues plague Sri Lanka

After the economic collapse of Sri Lanka, efforts are under way to pull the country out of its unprecedented condition. Sri Lanka’s foreign-exchange reserves dipped to US$1.716 billion in August 2022 compared with $1.817 billion in the previous month. The governor of the Central Bank of Sri Lanka (CBSL), Nandalal Weerasinghe, said the nation must […]Continue Reading