/ Sri Lanka

Inflation Hits 60.8% in Sri Lanka as Economic Crisis Continues

Inflation in Sri Lanka rose to a new record high of 60.8%, a sharp jump from the 54.6% inflation level that was reported in June.

July 29, 2022

Sri Lanka Closes Oil Refinery Due To Forex Shortage, Not COP26 Related

The shortage of dollars has compelled Sri Lanka to close its only oil refinement facility for a 50 day period.

November 16, 2021