Sri Lanka has had a tough few years. It suffered a series of hideous terrorist attacks in 2019, which, fast followed by global travel restrictions, led to the collapse of its tourist industry (once 10% of GDP). Mismanagement, corruption and too much borrowing from the Chinese for infrastructure projects (19% of its $35bn-worth of foreign debt is now owed to China) then combined to create a financial crisis and a harvest failure (everyone was forced to go organic when there was no foreign exchange to buy fertiliser). Shortages and protests duly followed. It doesn’t sound like
An odyssey through Sri Lanka
Jan 12, 2024
3 minutes
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