• Dr. Sangram Behari

Sri Lanka has been facing an economic crisis for the last five years, causing significant misery for its people and presenting the government with its most significant task. Lanka is now facing an economic and political crisis characterized by rising prices and intermittent protests around the nation. Sri Lanka's government is asking its people living overseas to remit money back home. Thirteen Sri Lankan banks are under negative rating scrutiny. Sri Lanka has failed to meet its obligations on $51 billion of foreign debt. Conflict is emerging on the idyllic island. No food is provided. At least 500,000 Sri Lankans have recently experienced a decline into poverty. There is a shortage of gasoline, medications, and crucial procedures are being postponed. Doctors suggest that the economic crisis in Sri Lanka might result in more fatalities than those caused by COVID-19. Daily power outages and widespread demonstrations are occurring in the streets. The lack of electricity and the failure to get clean drinking water have caused major challenges in delivering emergency healthcare services. The safety net programs have been disrupted. The issue in Sri Lanka transcends beyond being only an economic disaster. This is undoubtedly a humanitarian issue. How did the government of Lanka lose all its money? This study article aims to address these concerns. Furthermore, the author of the article provides a detailed analysis of the situation and the factors contributing to the economic crisis.

Economic Crisis, Sri Lanka, Political, causes

"AN ANALYSIS OF THE SRI LANKAN ECONOMY IN THE CONTEXT OF THE CRISIS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.h364-h372, January-2024, Available :http://www.jetir.org/papers/JETIR2401739.pdf

"AN ANALYSIS OF THE SRI LANKAN ECONOMY IN THE CONTEXT OF THE CRISIS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. pph364-h372, January-2024, Available at : http://www.jetir.org/papers/JETIR2401739.pdf