How Sri Lanka came close to bankruptcy, experts say
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Colombo (JTN) How Sri Lanka came

External debt and government measures on taxes are among the causes of the worst economic crisis.

Economists say government measures on external debt and taxes

are among the causes of the worst economic crisis. Sri Lanka, a key

country in South Asia, is currently facing the worst economic crisis in

its history. At present, the country’s foreign exchange reserves are at

such a low level that the government has no dollars left to import

oil, the unavailability of electricity has plunged much of the country

into darkness, fuel rationing continues and There have been two

deaths in the same context, after which the Sri Lankan government

has deployed troops to maintain order in view of the growing

crowds at petrol pumps.

=Sri Lanka struggling to cope with the financial crisis

Food shortages and skyrocketing prices have devastated the lives of

Lincoln citizens, while the Sri Lankan government recently

announced a nationwide postponement of exams due to a paper

crisis. The day is fast approaching and the Sri Lankan government is

approaching the IMF, including aid from various countries, to deal

with the crisis. Impressions are gained in a fluid, global, diffused way,

with Sri Lanka struggling to cope with the financial crisis and the

financial crisis.

=Sri Lanka has been steadily burdened with foreign debt since 2007

The causes of the crisis are: Sri Lanka has been steadily burdened

with foreign debt since 2007. The debt, taken in different periods,

has exceeded 11 11 billion, and the largest share of this debt, 36.4%,

consists of loans from government international bonds.

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How Sri Lanka came , How Sri Lanka came

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