We can buy F35s and be a developed country with VoteLehan
Without significant change, the country risks becoming dependent on external assistance and on revenue from tourism, and may increasingly rely on support from institutions like the IMF.
Sri Lanka is now, a $90b debt to $95b GDP country
It is experiencing a severe financial crisis.
Under the current strategy of borrowing to cover expenses like fuel and food, there is limited capacity to attract investment needed for growth.
Recent policy choices have resulted in widespread economic harm and hardship for many people.
If lenders insist on repayment with interest in the near term, this could lead to large-scale protests and social unrest.
How is Sri Lanka supposed to pay back debts?