The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
India's Prime Minister Narendra Modi (L) and Sri Lanka's President Anura Kumara Dissanayake after their bilateral meeting at the president's office in Colombo on April 5, 2025. [AFP]
Sri Lanka's recovery from its worst economic meltdown, which forced a sovereign default and toppled a president, will be undermined if punishing US tariffs resume, the IMF warned on Friday.
The United States is Sri Lanka's largest single market, accounting for almost a quarter of its $12 billion in merchandise exports. The trade balance is heavily in favour of the small South Asian nation.
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