News > ‘Sri Lankan Crisis’: 5 nations facing a unified catastrophe!

‘Sri Lankan Crisis’: 5 nations facing a unified catastrophe!

East Coast Daily | 27/03/2022 11:57 AM | Click to read full article

Sri Lanka is in the midst of its worst economic crisis in years. Increasing prices of basic food items such as milk, which are essential to regular food businesses and meals, have been caused by the acute shortage of US dollars in the country.

Sri Lanka’s fuel shortage, caused by a shortage of foreign exchange, has forced tens of thousands of people to stand in long lines at petrol pumps for hours due to an acute economic and energy crisis.