Sri Lanka's 2022 economic crisis led to high inflation, fuel shortages, and a $50 billion debt struggle. A state of emergency followed, prompting the resignation of Prime Minister Rajapaksa and President Gotabaya Rajapaksa's departure. Despite a 70% inflation rate in September 2022, it reduced to 6.3% by July 2023. Tourism and remittances played key roles in the recovery. How did Sri Lanka turn around so swiftly?
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Video Sections:
00:00 - Introduction
01:14 - Overview
03:51 - How The Economy Reformed?
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Source:
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Video Credit:
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Ministry of Defence Sri Lanka: https://swiy.co/Jltz
Parliament of Sri Lanka: https://swiy.co/Jlu0
Sampath Bank: https://swiy.co/Jltt
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Amana Bank: https://swiy.co/Jltw
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WION: https://swiy.co/Jltx
Sri Lanka Tourism: https://swiy.co/Jlt-
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