WSJ News Exclusive | Sri Lanka Economy to Contract by More Than 6% in 2022, Central-Bank Governor Says

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WSJ News Exclusive | Sri Lanka Economy to Contract by More Than 6% in 2022, Central-Bank Governor Says
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Sri Lanka’s crisis-hit economy is likely to contract by more than 6% this year, the country’s central bank governor said, as political instability hamstrings debt relief discussions

Nandalal Weerasinghe urged government to resolve political instability as key IMF talks stall

Crowds in Sri Lanka, angered by the country’s worst economic crisis in decades, stormed the prime minister’s office compound, demanding that he step down. The prime minister had just been appointed interim leader after the president fled the country. Photo: Chamila Karunarathne/Shutterstock

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