Video Length 25 minutes 00 seconds
Worldwide score businesses warn the island nation is on the verge of defaulting on its debt.
Sri Lanka is dealing with its worst financial disaster since independence in 1948.
Worldwide score businesses have warned that the island nation is on the verge of defaulting on its debt.
Its usable international foreign money reserves have plunged beneath $1bn, limiting Sri Lanka’s potential to repay loans.
Merchants can’t entry {dollars} to purchase imports.
So what does this all imply for Sri Lankans?
Presenter: Adrian Finighan
Company:
Nishan de Mel – Govt director and head of analysis at Verite Analysis
Jabin Jacob – Affiliate professor on the Division of Worldwide Relations and Governance Research at Shiv Nadar College
Bhavani Fonseka – Senior researcher and legal professional at legislation with the Centre for Coverage Alternate options