COLOMBO -- Amid a deepening foreign exchange crisis that forced the Sri Lankan government to impose an indefinite import ban last year to save hard currency, hundreds of businesses are fighting for survival. Smaller ones have shut down, costing many their livelihoods.
Economy
Sri Lanka's import ban puts hundreds of businesses in jeopardy
Colombo's ad hoc efforts to save forex likely to hamper economy and cost jobs
Colombo's ill-planned import ban to protect Sri Lankan foreign reserve is negatively impacting the economy. © Reuters
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