Why did Sri Lanka's economy collapse? - CP24 Toronto's Breaking News


7/9/2022 12:00:00 AM2 years 9 months ago
by The Associated Press, Krishan Francis And Elaine Kurtenbach

Sri Lanka's prime minister said late last month that the island nation's debt-laden economy had “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seekin…

COLOMBO, Sri Lanka (AP) - Sri Lanka's prime minister said late last month that the island nation's debt-laden economy had collapsed as it runs out of money to pay for food and fuel. Short of cash to … [+6215 chars]

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