YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
Home News Item Explainer: Why Sri Lanka’s Economy Collapsed and What’s Next
No image

Explainer: Why Sri Lanka’s Economy Collapsed and What’s Next

juli 10, 2022by Reacties uitgeschakeld voor Explainer: Why Sri Lanka’s Economy Collapsed and What’s Next

Like

COLOMBO, SRI LANKA – Sri Lanka’s prime minister said late last month that the island nation’s debt-laden economy had ‘collapsed’ as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighboring India and China and from the International Monetary Fund.

Prime Minister Ranil Wickremesinghe, who took office i

Previous Post Russia assembling reserve forces for next Ukraine offensive, UK warns

Related articles

Recent Posts

Popular