Why Sri Lanka is facing one of its worst economic crises

Apr 25, 2022

Sri Lanka economic crisis - Inflation has reached an all-time high of 17.5% Image: Unsplash/Raissa Lara Lütolf (-Fasel)

R. Ramakumar

Professor of Economics, Tata Institute of Social Sciences

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The state of emergency was withdrawn after just one week following large-scale protests in Sri Lanka. Image: AAP/CHAMILA KARUNARATHNE

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The population is facing food shortages and high prices. Image: AAP/Eranga Jayawardena

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