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Sri Lanka money printing, deficits could lead to economic implosion: IMF report

 

Further money printing to finance deficits could lead to monetary instability while trade and private credit could eventually shrink, an International Monetary Fund assessment has warned, as the country reels from tax cuts and liquidity injections made to keep interest rates down.

Sri Lanka money printing, deficits could lead to economic implosion: IMF report

EconomyNext
2022-03-04