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Sri Lanka Regains Upper Middle-Income Status as World Bank Recognizes Economic Recovery
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Sri Lanka Regains Upper Middle-Income Status as World Bank Recognizes Economic Recovery

Sri Lanka has officially regained its position as an upper middle-income economy following an updated global income classification, marking a significant milestone in the island nation’s ongoing economic recovery. The revised status reflects an improvement in the country’s gross national income (GNI) per capita after years of severe financial distress, signaling renewed optimism for policymakers,...