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Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.
The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…
Details
DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
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Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…