Home / Centerstage / 2022 / may / Week 4 /
Sri Lanka currently raises fuel prices to address the economic crisis and improve public finances. Acting Prime Minister Ranil Wickremesinghe cautions about the potential for further inflationary pressures, stating, "There is a possibility that inflation will increase further." This move aims to mitigate the country's debilitating financial situation. The government takes action to stabilize the economy, but the consequence may be an upward trajectory in inflationary trends.
Monday, 23 May, 2022