Food shortage, 13-hour power cuts, and no paper: How Sri Lanka's economic crisis has worsened
Fp Explainers • 3 years agoThe island nation is seeing severe shortages of essentials, sharp price rises and crippling power cuts in its most painful downturn since independence in 1948. On Thursday, it led to violent protests outside President Gotabaya Rajapaksa's house, demanding his resignation
Explained: Why Sri Lanka is on brink of bankruptcy and what the government is doing
Fp Staff • 3 years agoAccording to the World Bank, five lakh people in Sri Lanka have fallen below the poverty line since the COVID-19 pandemic struck, food inflation has also hit a record 21.5 per cent