Crisis in an Island Economy*

Apr 6th 2022, C.P. Chandrasekhar
Sri Lanka's economy is sliding into chaos afflicted with multiple crises, triggered by a steep fall in foreign exchange revenues during the Covid pandemic, a difficult to manage external debt servicing burden, a collapse in the volume of foreign exchange reserves, and finally the ripple effects of the war in Ukraine.
  
* This article was originally published in the Frontline Print edition: April 22, 2022.


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