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Sri Lanka, formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea; it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait.
Recently, Sri Lanka became the warning sign for countries with high debt levels and limited policy space.
The country is in the midst of a deep and unprecedented economic crisis that has sparked huge protests. The president quit after fleeing the country.
The country is struggling to pay for crucial imports like food, fuel, and medicine while the population of 22 million residents battle foreign exchange crisis.
Inflation has soared about 50% with food prices going 80% higher than a year ago. Why it happened? This documentary tries to answer.
Quick Recap
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READYWISE Emergency Food Supply Survival Bucket, 132 Servings | Buy on Amazon |
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