Sri Lanka Economic Crisis: Meteoric Fall of Teardrop Island | Allied Market Research

Sri Lanka has been facing one of its worst ever economic downturns. The seeds of current socio economic unrest were sown in the civil war spread over decades (~1980–2010). Moreover, the macroeconomic challenges of the country are closely linked to years of high fiscal deficits, low revenue collection, and erosion of export competitiveness due to …