How Sri Lanka spiralled into crisis and what happens next ?

 The South Asian island nation is experiencing an unprecedented economic collapse that has pushed the government into a deep crisis.



Sri Lanka’s economic crisis has turned into deadly violence, which has killed eight people and wounded more than 200 so far.

The country’s powerful Prime Minister Mahinda Rajapaksa has resigned and his younger brother, President Gotabaya Rajapaksa, is seeking a way out of the chaos.

Anti-government protesters, angry over power blackouts, shortages of basic goods and rising prices, are demanding that the president also steps down, but the retired military officer has invoked emergency powers in an attempt to maintain control.


The violence and political chaos gripping the island nation of 22 million comes 13 years after a brutal civil war ended in a bloody denouement in which tens of thousands of people were killed.

India, Sri Lanka’s northern neighbour, has extended billions of dollars in loans to help the country pay for vital supplies.

China, which has recently invested heavily in infrastructure projects in Sri Lanka – in what analysts say is an attempt to extend its influence across Asia – has intervened less publicly but said it supported efforts for the island nation to restructure its debt.

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