After months of shortages of food, fuel and electricity, Sri Lanka's Prime Minister says his country's economy has completely collapsed. The government there is seeking help from international lenders, as politicians in Australia, clash over how best ...
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India Business News: The Sri Lankan crisis could prove to be a windfall for India's global trade logistics. India's ports have already started to benefit from the disrupt.
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Sri Lankan Prime Minister Ranil Wickremesinghe recently announced that the country's economy has “collapsed.” The country is currently relying on aid from India and is seeking help from the International Monetary Fund.
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Sri Lanka is facing the worst economic crisis since independence in 1948 which has led to an acute shortage of essential items like food, medicine, cooking gas and fuel across the island nation.
Read more at Outlook India