In this video, we explain all about the Srilankan Crisis. We will discuss how Srilankan Crisis came about, what consequences it has on the Srilankan economy, and much more. Chapters 00:00 What is Sri Lanka Crisis? 01:00 National Emergency 02:05 Economic problem faced by Sri Lanka? 04:17 Causes of Sri Lankan Crisis 06:20 Hopes of Economic Revival What is Sri Lanka’s Crisis? Since the covid 19 hit the world, Srilanka is quickly running out of its foreign reserves and in a state of rising inflation, loss of employment and food crisis. Forex reserves have dropped from over $7.5 billion in 2019 to around $2.8 billion in July of 2021 What Caused the Srilankan Crisis? A decline in tourism post covid pandemic Government’s move to ban chemical fertilizers in a bid to promote organic farming. Follow us at : Youtube ➤ https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw Linkedin ➤ https://www.linkedin.com/company/wallstreetmojo/ Facebook➤ https://www.facebook.com/wallstreetmojo Instagram➤https://www.instagram.com/wallstreetmojoofficial/
In this video, …