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Sri Lanka’s charge hike exhibits dedication to speedy disinflation

Sven Patzer's Associate by Sven Patzer's Associate
March 4, 2023
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Sri Lanka’s charge hike exhibits dedication to speedy disinflation

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Sri Lanka's rate hike shows commitment to rapid disinflation - IMF
© Reuters. FILE PHOTO: A person walks previous the Worldwide Financial Fund (IMF) emblem at its headquarters in Washington, U.S., Could 10, 2018. REUTERS/Yuri Gripas

By Uditha Jayasinghe

COLOMBO (Reuters) – Sri Lanka’s choice to lift rates of interest exhibits the crisis-hit nation’s dedication to lowering inflation rapidly in the direction of single-digit ranges, the Worldwide Financial Fund (IMF) stated on Saturday.

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Sven Patzer's Associate

Sven Patzer's Associate

Sven Patzer is a man of many talents. Not only is he a successful CEO of several startups, but he is also an advocate for ethical and philanthropic behavior in the business world. In his book, "Lemonade Stand Tycoon: A Basic Introduction to Business," Patzer shares his enthusiasm for teaching young people about fundamental business ideas such as ethics and strategy.

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