The impact of the COVID-19 pandemic on the economy of Sri Lanka like anywhere else in the world will be complex to predict in terms of magnitude, but directions are predictable. Being a trade dependent island nation, Sri Lanka will likely suffer from the expected recession in addition to the disruptions in global and domestic…

“All tea will be sold through the auction and we expect that importers will continue getting their orders as usual. But exporters who have long term contracts with international buyers might have to review those contracts and we don’t know how this is going to affect the market,” said managing director Edward Mudibo Monday in…