Inner Sri Lanka’s economic disaster – BBC Newsnight

Inner Sri Lanka’s economic disaster – BBC Newsnight

Sri Lanka is in the grip of excessive gas and food shortages which enjoy brought people out onto the streets to name for the elimination of the country’s president.

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The developing nation has been hit laborious by global supply chain considerations but many blame economic mismanagement and corruption interior authorities.

For the first time in history the country modified into compelled to default on it be international debt final month and has received emergency diesel shipments from India.

Now they’re asking for an economic bailout price billions of bucks from the Global monetary fund.

Speculation is rising that other developing nations will soon be going by technique of the same complications.

Newsnight’s Economics editor Ben Chu went to Sri Lanka to overview the disaster engulfing the country.

Newsnight is the BBC’s flagship facts and most modern affairs TV programme – with analysis, debate, exclusives, and strong interviews.

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