Sri Lankans suffering due to wrong policy: legislator

Sri Lankans are suffering due to wrong economic policy actions especially those involving state interventions in markets that are backfiring, a legislator who has earlier raised red flags about the balance of payments has said.

'We still haven’t seen the full impact'

Sri Lanka's moves to curb imports are starting to work and officials shouldn’t “rush” into further policy steps, Treasury Secretary P.B. Jayasundera said, signalling the central bank may leave interest rates unchanged.

“Preliminary indications are.....

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