Economics

Sri Lanka’s CPI Up 2.4% in July; 22-Month Inflation Rises 2.8%

Sri Lanka’s consumer prices in the capital Colombo increased by 2.4% in the 12 months to July 2024. However, the central bank’s deflationary.

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Economics

Sri Lanka Bondholders Agree to 28% Haircut with GDP-Linked Gains

Sri Lanka and its sovereign bondholders have come to an agreement to exchange $14.43 billion in defaulted bonds and overdue interest for new.

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