Sri Lanka plunged into an economic crisis in 2022, creating severe shortages and drawing strident protests that led to the ouster of then-President Gotabaya Rajapaksa. It declared bankruptcy in April 2022 with more than $83 billion in debt, more than half of it to foreign creditors.
In Photos: Economic Crisis In Sri Lanka
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Sri Lanka plunged into an economic crisis in 2022, creating severe shortages and drawing strident protests that led to the ouster of then-President Gotabaya Rajapaksa. It declared bankruptcy in April 2022 with more than $83 billion in debt, more than half of it to foreign creditors.
Updated on:
Published at:
Sri Lanka Crisis
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