Doctors in Sri Lanka report that hospitals are running out of crucial medications and supplies as the country’s economic situation intensifies. They fear a public health disaster if foreign assistance does not arrive quickly. “Day by day, resources are depleting. If we reach zero, I’m not sure what would happen,” Dr Gnanasekaram worries. As secretary … Read more
COLOMBO: Sri Lanka’s economy shrank in the third quarter as a foreign exchange crisis wrecked its recovery from the coronavirus pandemic, official data showed on Thursday. The GDP contracted 1.5 per cent on-year in the three months to September, the department of census and statistics said, ending four consecutive quarters of growth. The island’s tourism-dependent economy … Read more
COLOMBO — Sri Lankan exporters are optimistic about growth in exports, despite increases in global freight and shipping costs, local media citing a survey reported here Friday. According to data from the bi-annual Export Barometer Survey by the Ceylon Chamber of Commerce (CCC) and the United States Agency for International Development (USAID), 48 percent of … Read more
