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Sri lanka Economy Collapse | World Bank Express Concern | No More Finance Till Economic Policy

Posted

July 29, 2022

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Over Sri Lanka's economic collapse and its impact on the people of Sri Lanka, the World Bank is deeply concerned. The World Bank said, Until an adequate macroeconomic policy framework is placed, the World Bank does not plan to finance Sri Lanka. It also said that it's halting new finances to Sri Lanka till the policy framework is ready. It will invite more trouble to the Sri Lankan economy which has already collapsed. Srin Joy said, "Huge amount of resources have already gone to Sri Lanka. India has given about 3.8 billion which is a huge amount. It's important that the Sri Lanka spends the money in right way"

#Srilanka #Srilankaeconomy #

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Over Sri Lanka'sSri LankaWorld BankThe World BankSri Lanka ItSri LankanSrin JoySri Lanka India

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