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Lessons From Sri Lanka: Over-Borrowing, A Trap You Must Avoid In Personal Finance

Lessons From Sri Lanka: Over-Borrowing, A Trap You Must Avoid In Personal Finance

With Sri Lanka, the issue of debt and over-borrowing is once again in focus. It’s a crisis from which the world can take lesson on reasons why one should avoid over-borrowing

12 July 2022
Sri Lanka Economic Crisis: Central Bank Chief Threatens To Resign Amid Political Unrest

Sri Lanka Economic Crisis: Central Bank Chief Threatens To Resign Amid Political Unrest

Sri Lanka’s worst economic crisis has provoked widespread protests calling for political reform and the resignation of President Gotabaya Rajapaksa.

11 May 2022

Explained: What Happens When A Country Defaults On Its Debts

Owing to an insufficient cash inflow, the country often fails to pay back to its creditors the principal amount as well as the interest amount of the loan....

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