Sri Lankan PM Ranil Wickremesinghe says economy is headed for 'rock bottom'. How did they end up here?

Sri Lankan PM Ranil Wickremesinghe says economy is headed for 'rock bottom'. How did they end up here?

Sri Lankan PM Ranil Wickremesinghe says economy is headed for 'rock bottom'. How did they end up here? Sri Lanka's Prime Minister says the island nation's debt-laden economy has "collapsed" as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, the country is seeking help from neighbouring India and China and from the International Monetary Fund (IMF). Prime Minister Ranil Wickremesinghe, who took office in May, has emphasised the monumental task he faces in turning around an economy he said was headed for "rock bottom". Sri Lankans are skipping meals as they endure shortages and lining up for hours to try to buy scarce fuel. It's a harsh reality for a country …
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