Service exports and taxes essential for emerging from crisis that Sri Lanka is mired in

Posted by on February 28, 2023  /  0 Comments

Solutions for twin deficits

LIRNEasia’s fate depends on Sri Lanka’s fate. If the country does not manage to get out of the crisis, it is unlikely that LIRNEasia can prosper. The causes of the crisis are the perennial twin deficits, aggravated and tipped over the edge by bad policy in 2019-22. Here I lay out what needs to be done to recover.

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