Eroding confidence in Sri Lanka's economy

As Sri Lanka faces the threat of financial default, the latest survey by LMD-NielsenIQ Business Confidence Index (BCI) reveals that the majority of Sri Lankans polled (46%) believe that Sri Lanka's economic situation will worsen over the coming 12 months.
The survey further highlighted that 71% of corporate executives polled do not consider this to be a good time to invest. This follows a scathing report by the US State Department which noted that Sri Lanka had one of the most protectionist regimes in the world.





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