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'Poorer households are the hardest hit owing to food inflation, job losses, limited fertiliser supply and drop in remittances,' said professor Athukorala, who led the study.
President Ranil Wickremesinghe has sought peace and political support to help advance bailout talks with the International Monetary Fund.
Sri Lanka has a severe shortage of foreign exchange, its energy minister said.
The irony is that the timetable set even after the resignation of Gotabaya is painfully slow. Wikremasinghe, as acting President, will now appoint a prime minister a...