As the economy reopens, business activity boomsOne and a half years from the commencement of the Covid-19 pandemic, 2021 is on the brink of a solid recovery from the global economy after the recession. The pandemic will shape the direction for global economic activity as the pandemic proceeds. Our neighboring country’s giant economy remains restrained by increasing new daily Covid infections on the Subcontinent. Inflation mattersGlobal inflation and the economic recovery will continue to rise for the remainder of the year. Watch out about food pricesIf there’s one thing that can derail Sri Lanka’s economic recovery, it is inflation.
Source: The Nation July 11, 2021 17:01 UTC