Sri Lanka risks stagflation as prices continue to soar

Sri Lanka appears to be entering into an era of extremely high inflation and low growth, stoking serious concerns of stagflation, as the policymakers seem to have lost their grips on the economy, which is now going haywire with endless shortages of commodities and long lines of queues for daily essentials, which now have proved to be deadly for some unfortunate senior citizens.

Daily Mirror

2022-03-22

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