Crisis-hit Sri Lankan economy shows strong recovery as tourists return – Times of India

Crisis-hit Sri Lankan economy shows strong recovery as tourists return – Times of India

NEW DELHI: Sri Lanka’s economy showed a strong recovery in the last quarter of 2023 after facing a severe financial crisis, with a notable increase in tourism arrivals, according to the government. The census and statistics department reported a 4.5 percent expansion in the December quarter, a significant improvement from the 12.4 percent contraction the…

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Pulling Sri Lanka out of the abyss

Pulling Sri Lanka out of the abyss

The main port in Colombo. | Photo Credit: Reuters On January 9, 2024, the United National Party (UNP) proposed incumbent Ranil Wickremesinghe as the national presidential candidate for the elections. This move may garner support from some political parties. In July 2022, six-time Prime Minister Wickremasinghe was chosen for his economic credentials by a parliamentary…

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The Hindu Morning Digest: January 13, 2024

The Hindu Morning Digest: January 13, 2024

An Iranian demonstrator waves a Palestinian flag during a protest against the U.S. and British military strikes against Iranian-backed Houthis in Yemen, in front of the British Embassy in Tehran, Iran, on January 12, 2024. | Photo Credit: AP Lord Ram has chosen PM Modi to build his temple: L.K. Advani Calling Prime Minister Narendra…

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