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Podcast: HYDEPARK
Episode: SRI LANKA IS STILL FINANCIALLY STRESSED -FRANZISKA OHNSORGE 'AT HYDE PARK WITH INDEEWARI AMUWATTE'
Description:
Joining this week's episode of ‘At HydePark with Indeewari Amuwatte' the World Bank's Chief Economist for South Asia, Franziska Ohnsorge discussed key indicators outlined in the recent release of the Sri Lanka Development Update, titled "Bridge to Recovery”. She highlighted several positive developments, such as easing inflation, increased revenues due to new fiscal policies and a current account surplus for the first time in nearly fifty years. These gains have been supported by rising remittances and a resurgence in tourism.
Also talking about the South Asia Development Update, Ohnsorge said that South Asia is poised to maintain its stat...