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    After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40%

    • Post author:MiamiCrypto
    • Post published:May 27, 2022
    • Post category:COVID-19/debt default/economic crisis/Economics/President Gotabaya Rajapaksa/Ranil Wickremesinghe/sri lanka/Sri Lanka crisis/tax cuts

    The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to pacify the restive population. The government,…

    Continue ReadingAfter Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40%
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