Nightmare becomes reality in Sri Lanka as govt has no choice but to declare economy has ‘collapsed’

Nightmare becomes reality in Sri Lanka as govt has no choice but to declare economy has ‘collapsed’

City A.M.

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After months of shortages of food, fuel and electricity. Sri Lanka’s prime minister said this morning the country’s debt-laden economy has “collapsed.” Prime Minister Ranil Wickremesinghe told Sri Lanka’s parliament today that the South Asian country is “facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy [...]

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