In the media : Sri Lanka’s crisis shows how debt is devouring the Global South
Sri Lanka is undergoing one of the most complex economic recoveries in its history. The country’s financial collapse in 2022 was precipitated by a toxic mix of unsustainable borrowing, poor fiscal management, and external shocks.
Mass protests erupted under the banner of Aragalaya, a broad-based citizens’ movement demanding accountability, economic justice, and an end to political corruption.
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