Crisis-hit Sri Lankan economy shows strong recovery as tourists return
Saturday, 16 March 2024 Sri Lanka's economy showed a strong recovery in the last quarter of 2023 with a 4.5% expansion, rebounding from a severe financial crisis. Despite a 2.4% overall contraction in 2023, the year marked contrasts with negative growth in the first half and a rebound in the second half. Tourism thrived with a notable increase in arrivals and worker remittances.
Parents Financially
Supporting Gen Z , Highlights Current , Economic Woes.
'Newsweek' reports that a recent
survey found that 47% of parents are
financially supporting their adult Gen Z children.
While this number includes everything from
credit card bills to vacations, another 60% said
they...