Soaring Inflation, Mismanaged Debt & Fuel Shortage | Sri Lanka’s Economic Crisis Explained

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President Gotabaya Rajapaksa declared a state of emergency in Sri Lanka as the nation grapples with rising prices, shortage of essentials and rolling power cuts. Karunya Rao explains the reasons behind Sri Lanka's economic crisis.

#SriLanka #SriLankaInflation #SriLankaEconomicCrisis

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Also Watch | Sugar Price Rise: Assessing the supply and impact on stock prices

moneycontrol
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This clip has uploaded 3 months ago, . But now as of 7th July 2022, these mentioned prices of goods have gone up by 300% . Absolutely no gasoline. Thanks to Rajapaksha family the crooked businessmen who brought them to power for their own benefit.

janakapalapathwala
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“Rubbish. They can just return to their ancient traditional ways and move away from the modern technologically-dependent way of life. We in the westernized world often forget how our ancestors used to live back in ancient times.”

John_Smith_
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Hi everyone...
I have bought NTPC 160PE yesterday at Rs.2.10 paise...
Today the option price fell down to Rs.1.00..

Can I hold it to make profits or exit.
Please advise me..
I'm a beginner in the market...

mahendar_ganta
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You forgot to mention that they owe to the IMF

ijatpingrhyb
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What about the debt trap in Sri Linka by China?

biswanathporey
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Sri Lankan rupee is 1/4th of Indian Rupee, so
Gas Cylinder price in Sri Lanka: 4200( 1050 Indian Rupee)
Gas Cylinder price in India: 1200
Similar to every product.
So, aren't we going through much tougher economic crisis?
Why won't we discuss this?🙄

hprajwal
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Flipkart, Amazon don't they work there

vijaykrishna
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"" india also facings similar problems but hiding due to shame, recently rising fuel prices, people need to protest like sri lanka, Indian also having a problem of Scratching the neighbouring countries.?

kumarrajan
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Asian development bank., Philippines? Are you kidding me?.

renleedativo
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Parliment monthris are eating 1kg rise and drinking full bottle of whisky next day they put roles for the country 🤣🤣how the country can grow up🤣🤣

rock
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HOW LONG THESE CHANNELS WILL FOCUS ONLY ON OUR NEIGHBOURING COUNTRY 🤦‍♂️🤦‍♂️🤦‍♂️

sumithmathew