Colombo, April 23, 2025 (AFP) - Sri Lanka's poverty alarmingly high: World Bank

NAMPA / AFP

2025-04-23

About a quarter of cash-strapped Sri Lanka's population was living in poverty despite the economy making a "remarkable recovery" from its worst financial meltdown, the World Bank said on Wednesday. The South Asian nation's growth surpassed the Bank's forecast of 4.4 percent, recording 5.0 percent in 2024 -- the first economic expansion since the 2022 crisis. "While the economy is recovering, many Sri Lankans are still struggling... the poverty ra......

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