why Srilanka facing financial crisis

Why srilanka facing financial crisis

Sri Lanka's economy was in trouble before the Covid pandemic hit.

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The lockdowns added to its woes and affected the informal sector,

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Corona lockdown effected the Srilanka economy almost 60%

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The country's foreign exchange reserves have plunged 70%

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Foreign Exchange reserve raised around $2.31 billion in the past two years

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Struggling to pay for essential imports including food and fuel.

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Badly hit on Tourism Industry due to Corona Pandemic

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