Austerity measures

How IMF Debt Trap Is Crushing Sri Lanka 1

How IMF Debt Trap Is Crushing Sri Lanka

Sri Lanka is facing a serious economic crisis, and the International Monetary Fund (IMF) has stepped in to help, but with a big catch: they’re making the country follow tough new rules. These rules include cutting public spending, increasing taxes, and implementing other harsh austerity measures. As a result, everyday

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