Tag: #Monetary Policy

US monetary policy deepens global debt crisis in developing economies, including Sri Lanka

Maya Majueran May 25, 2022

US monetary policy deepens global debt crisis in developing economies, including Sri Lanka

Sri Lanka is grappling with the deepest economic crisis it has ever seen. The country has defaulted on its $78 billion worth of payments to international creditors, the first time in its history since its independence. Its debt obligations for this year alone exceed $7 billion, yet Sri...More