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What was the result of J. R. Jayewardene's economic policy measures in 1978?

  • Economic turmoil

  • Economic stability

  • Coming out of economic turmoil

  • Entering economic turmoil

Answer

The economic policy measures of J. R. Jayewardene in 1978 helped Sri Lanka to come out of economic turmoil. The government devalued the currency and introduced an open economic system, which led to an increase in foreign investment and trade. The government also introduced a number of reforms, including the privatization of state-owned enterprises and the reduction of trade barriers.
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