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FDIs - BOIs & Exchange Crisis  - Colombo Telegraph

FDIs - BOIs & Exchange Crisis  - Colombo Telegraph
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Sri Lanka crisis: No new financing until 'adequate' macroeconomic policy in place, says World Bank

The island nation of 22 million is in the midst of an unprecedented economic crisis that has led to severe shortages of fuel and other essentials. “Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing to Sri Lanka,” it said in a statement. ....

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