05-Apr-22 19:00
Emeritus Professor Prema-Chandra Athukorala, Professor of Economics, Australia National University
Following a foreign exchange crisis in Sri Lanka that led to a currency devaluation, the nation are currently facing what's described as the worst economic crisis in decades. Yesterday, cabinet ministers and the central bank governor in Sri Lanka resigned, as protestors in the capital defy curfew orders and call for the resignation of the President. We look into what led to this crisis, and the repercussions of it.
Image Source: Ruwan Walpola, Shutterstock