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In the first 10 months of this year, people have pledged gold worth more than 193 billion rupees due to the economic crisis.
Professor Vasantha Athukorala of the Department of Economics and Statistics of Peradana University said that this information was revealed in the survey.
He pointed out that most of the people who have pawned gold ornaments are from the middle class and the money has been used for children’s education and agricultural work.
This is the reason
However, the professor said that there is a tendency to resort to private mortgage centers and the reason for this is that these centers offer more money to people.