Sri Lanka Sri Lanka is going through a balance of payments crisis very similar to the one India went through in 1990. By the end of 1990, India had enough reserves to pay for barely 3 weeks of imports. By the end of 2021, Sri Lanka has reserves to cover only a month’s.
December, 2021 Newsletter
December, 2021 Newsletter
December, 2021 Newsletter
Sri Lanka Sri Lanka is going through a balance of payments crisis very similar to the one India went through in 1990. By the end of 1990, India had enough reserves to pay for barely 3 weeks of imports. By the end of 2021, Sri Lanka has reserves to cover only a month’s.