Country | |
Publisher | |
ISBN | 9789391520120 |
Format | HardBound |
Language | English |
Year of Publication | 2023 |
Bib. Info | vi,280 p.; 24 cm. Bibliography Includes Index. |
Product Weight | 640 gms. |
Shipping Charges(USD) |
Sri Lanka's is the More Egregious Story, With the Tax-to-GDP Ratio Having Dropped by a Third in Three Years as Rated Got Slashed. Inevitably, The Country's Credit Ratings Suffered, Budget Deficits Soared to an Astonishing 14 per cent of GDP,and the Roll- Over of Foreign Loans (Used Unwisely to fill the Fiscal Gaps) Went From Difficult to Impossible-Leading to the Foreign Exchange Crisis and Collapse of the Currency. China Uses the Debt Trap Policy Against the Developing Nations to Establish its Economic and Political Power Over Them.