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COLOMBO: Sri Lanka`s overvalued currency, reliance on foreign borrowing and poor management of the budget are putting the island`s economy at `seriou
s risk`, the International Monetary Fund said on Sunday.
The island, which is in the midst of a long-running war with ethnic Tamil Tiger rebels, could have inflation of 53.9 percent by the end of 2008, the IMF said in its just released annual assessment on Sri Lanka.
times of india..
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