Publication: Sri Lanka Development Update, October 2023: Mobilizing Tax Revenue for a Brighter Future
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2023-10-03
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2023-10-03
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Sri Lanka’s longstanding structural weaknesses plunged the country into a severe economic crisis in 2022. The economy has shown initial signs of stabilization, albeit at a low-level equilibrium, in the first half of 2023. Swift and sufficiently deep debt restructuring is needed to restore Sri Lanka’s debt sustainability and regain access to international financial markets.
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“World Bank. 2023. Sri Lanka Development Update, October 2023: Mobilizing Tax Revenue for a Brighter Future. © World Bank. http://hdl.handle.net/10986/40420 License: CC BY-NC 3.0 IGO.”
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