Why srilanka facing financial crisis

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

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

Corona lockdown effected the Srilanka economy almost 60%

The country's foreign exchange reserves have plunged 70%

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

Struggling to pay for essential imports including food and fuel.

Badly hit on Tourism Industry due to Corona Pandemic