Due to long-term mismanagement, corruption, and the pandemic’s shorter-term impact (when remittance and tourism income fell sharply), the nation has a severe shortage of foreign currency reserves.

Due to the government’s inability to meet the population’s basic energy requirements, Sri Lanka is rationing power through prolonged power outages. There is additionally an intense deficiency of imported merchandise, and now and again diesel has been hard to find.

These deficiencies have prompted an exceptionally sharp cost for most everyday items emergency and huge scope fights around the country. The majority of these protests have been peaceful.

The Public authority answered by dissolving and yet again framing the bureau and looking for impermanent advances from India and conversations with the IMF about rebuilding Sri Lanka’s obligation.