Category: Business & Economy
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Cyclone Ditwah devastation to cost Sri Lanka up to $7 billion: official
Sri Lanka’s total economic loss from Cyclone Ditwah is estimated to be between $6 billion and $7 billion, which is roughly 3-5 per cent of the island nation’s GDP, a senior official overseeing recovery efforts said on Wednesday. At least 465 people died so far, and 366 remain missing as Sri Lanka grapples with widespread