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Climate Change to Determine Economic Growth
2013-06-20 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: The Monetary Board of Sri Lanka's Central Bank, tasked with keeping the island's economy on an even keel, does not only keep tabs on exchange rates, gold prices and inflation - it also has an eye on a less obvious indicator of economic stability: water levels in the country's main reservoirs. Central Bank Governor Ajith Nivard Cabraal last week told a group of journalists in the capital, Colombo, that the Board pays as close attention to water as it does to oil prices. "An extreme wet monsoon...
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