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Sri Lanka Records Highest Deflation In 65 Years

Published 3 months ago1 minute read

Sri Lanka secured a $2.9 billion bailout loan from the International Monetary Fund (IMF) after the 2022 crash.

President Anura Kumara Dissanayake, elected last year, has vowed to maintain the IMF bailout programme negotiated by his predecessor that includes higher taxes and cuts to state spending.

AFP

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