Concept: July 9, 2022. The Economic Collapse of Sri Lanka

Sri Lanka is a country island country in Southeat Asia. In 2009 its long guerrilla war ended. COVID-19 measures contributed to a collapse in revenues. Tourism, one of the mouth important has not recovered yet.

Currently, there is food scarcity in Sri Lanka. The government had declared a 4 day work week, so that men can use the extra day to grow food t home. Te country is unable right now to complete. The country has appeal to Russia for oil and grain imports.

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This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.