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Sri Lanka’s economic climate reduces 11.5% in Q1 By Reuters

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© Reuters. SUBMIT IMAGE: An employee brings sacks of veggies at a wholesale market, as Sri Lanka’s essential rising cost of living price alleviates to 25.2% in May, in Colombo, Sri Lanka June 1, 2023. REUTERS/Dinuka Liyanawatte/File Image

COLOMBO (Reuters) – Sri Lanka’s economic climate reduced 11.5% in the initial 3 months of 2023 from the previous year, federal government information revealed on Thursday.

The nation is experiencing its worst economic dilemma in years.

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