The Sri Lankan Economic Crisis – What Went Wrong?
Code : ECC0062 |
Region : Asia |
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Introduction: In January 2022, Sri Lanka’s trade deficit stood at USD 859 million and it recorded a budget deficit of 12.2 per cent of the gross domestic product with LKR 1225 billion printed under the output gap targeting. The 2022 budget was planning an 8.8 percent budget deficit or LKR 1658 billion.. |
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