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Breaking Sri Lanka’s Economic Gridlock

Breaking Sri Lanka’s Economic Gridlock

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Asia Sentinel
Mar 16, 2016
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Asia Sentinel
Asia Sentinel
Breaking Sri Lanka’s Economic Gridlock
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The Sri Lankan economy appears to exist in a system that can evolve only through crisis. Optimistic policymakers, predicting that the country’s economic trajectory would self-correct, received a collective wake-up call in February with a sovereign rating downgrade by Fitch, even as the country made a formal approach to the IMF for a bailout package.

Desp…

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