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Evolution of an economic crisis: The external sector of Sri Lanka (Part 1) | Daily FT

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Daily Financial Times

The reason most freely bandied about for this crisis is the COVID pandemic. However, the reality is somewhat more complicated – Pic by Shehan Gunasekara By Dushyantha Mendis That Sri Lanka is facing a very serious situation with regard to its foreign incomes and payments is obvious, with shortages arising at various times of, in particular, some food items, fuel for power stations, gas for domestic use, cement and medicinal drugs. The reason most freely bandied about for this crisis is the COVID pandemic. However, the reality is somewhat more complicated. Globally, recoveries from the COVID-re…

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