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Economy News Explainer Why Sri Lanka S Economy Collapsed And What S Next Abc News

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Economy News Explainer Why Sri Lanka S Economy Collapsed And What S Next Abc News | RobinsPost News & Noticias

How Sri Lanka’s Economy Collapsed Overnight – The Truth They Didn’t Tell You


Sri Lanka was once a thriving economy, known for textiles, tourism, and one of the largest tire industries in the world. Today, it’s in economic ruin - inflation has soared to 60%, foreign reserves ... Read More

Flawed tax policies led to Sri Lanka’s economic meltdown: Human Rights Watch report


Erroneous tax policies adopted by successive Sri Lankan governments over the years led to the island nation’s economic collapse in 2022, says a report by a New York-based non-profit group. Of the ... Read More


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