一 | Colombo, Oct 11 (UNI) The Sri Lankan cabinet has given the nod to demote the island nation to a lower income status with a view to have more access to financial assistance, loans and concessions.
The proposal was made so that the crisis-stricken country can gain concessionary funding from the International Development Association (IDA), the Daily Mirror reported on Tuesday.
Sri Lanka is currently categorised as a Developing/Emerging lower-middle income economy. In 2020 the island nation was downgraded to its current status just a year after it was elevated to the upper middle-income category.
UNI MR。 新华社快讯：8月30日至9月3日，国家主席习近平将出席2026年上海合作组织峰会并对吉尔吉斯斯坦、埃及进行国事访问。(新华社) 【编辑:曹子健】。
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