Why did Sri Lanka’s economy collapse and what’s next for the island nation?

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Why did Sri Lanka’s economy collapse and what’s next for the island nation? Why did Sri Lanka’s economy collapse and what’s next for the island nation?

Sri Lankan Prime Minister Ranil Wickremesinghe, the took office in MayHe had said late last month that the island nation’s debt-ridden economy had “collapsed” and was heading for a “bottom”. Sri Lanka is short of cash to pay for importing such necessities and is already in default on its debt from the International Monetary Fund. […] The post Why did Sri Lanka’s economy collapse and what’s next..
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