Sri Lanka’s Economic crisis- An Eye Opener

Abstract

The Island country, Sri Lanka exports largely textiles, garments, rubber, tea, and coconut products and imports consumer goods, especially crude oil, coal and other petroleum products. For the first time in the history of Sri Lanka the worst economic crisis has been witnessed. The present government is grossly responsible for this kind of economic mess in Sri Lanka. People from all walks of life in Sri Lanka are struggling for want of sufficient money, fuel and food. This kind of misgovernance results in cascading effect which paralyses all the crucial and vital sectors of the economy.