Category: Business & Economy
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Sri Lanka Appeals for International Aid as Floods Deepen Economic Strain
Sri Lanka has appealed for at least Rs. 31 billion in international assistance after catastrophic floods swept across the island, destroying farmland, crippling irrigation systems, and derailing efforts to stabilise the fragile post-crisis economy. The government’s request for emergency support comes as the Colombo Stock Exchange (CSE) suffered a sharp downturn on Monday, falling 3.04