How Sri Lanka Landed In A Crisis And What It Means

By Niluksi Koswanage | Bloomberg, Washington Post: Business
Mon, 04/04/2022 - 5:21am

Sri Lanka’s street protests over soaring inflation and lengthy power cuts have shaken President Gotabaya Rajapaksa’s hold on power, with government ministers resigning while the opposition called for fresh elections in the South Asian nation. The political turmoil is complicating efforts to manage the island’s foreign exchange crisis and secure more funds to keep its tourism-reliant economy running, having already been hit hard by the Covid-19 pandemic.

Topics: sri lanka s president gotabaya rajapaksa s south asian covid-19 crisis power

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How Sri Lanka Landed In A Crisis And What It Means

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