News Snapshot:
Crisis-hit Sri Lanka has continued to ask for financial support from major economies and institutions like IMF. Recently, Sri Lankan President Ranil Wickremesinghe said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund. "We are well aware that the economy of the country has collapsed. So I know the difficulties faced by the country. We witnessed a drop in the number of employments. Inflation has especially increased the cost of living. Hence people's lifestyle is changing," said Wickremesinghe during a meeting with the trade...
