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Black Economy Deepens Inequality as Sri Lankan Middle Class Slides into Poverty

Source: Lanka News
Category: Business
Region: Sri Lanka
Published: October 12, 2026 at 04:55

πŸ“ Summary

Sri Lanka’s gradual economic recovery is facing a growing threat from the underground economy, as alleged illicit financial flows, corruption and distortions in the property market deepen wealth inequality and increase the risk of pushing middle-income households into poverty. An analytical report highlighted by South Asia Monitor warns that the benefits of economic recovery are […] The post Black Economy Deepens Inequality as Sri Lankan Middle Class Slides into Poverty appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
🏷️ Keywords:
economy inequality middle into poverty black deepens lankan class slides

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