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The Roots of Sri Lanka’s Economic Crisis

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Sri Lanka’s escalating political and economic crises came to a head this week when President Gotabaya Rajapaksa fled the country and submitted his resignation. WSJ’s Philip Wen describes the roots of the crisis — and what pushed this highly indebted nation over the edge, into rolling blackouts and shortages of food, fuel and medicine.

Further reading:

Sri Lanka’s Debt Crisis Tests China’s Role as Financier to Poor Countries 

Sri Lanka’s President Resigns Over Email After Fleeing Country 

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