Why Sri Lanka's economy, politics and government suddenly collapsed.

 Why Sri Lanka's economy, politics and government suddenly collapsed.

Why Sri Lanka's economy, politics and government suddenly collapsed.

In recent years, Sri Lanka's economy has risen at a rapid pace. The annual per capita income in the country is $ 11,068,996. Sri Lanka is ranked higher than any other South Asian country.

Sri Lanka, a South Asian island nation, is currently experiencing unparalleled economic and political turmoil. According to many, the country is on the verge of collapse because to dictatorial corruption and ongoing economic mismanagement.

Even three years ago, everyone believed that the economy of this country was stable, with a population that was 100 percent educated and a main source of income from tourism and remittances.

Tareq Mahmud, a Dhaka-based journalist, has visited Sri Lanka at least three times for professional reasons in the last two decades. He thought that the country would make significant progress in these visits before and after the civil war ended.

South Asia appears to have a lifestyle and manner of life that is extremely similar to Colombo, Europe. The region has a vibrant nightlife. There are many different religious beliefs. People know how to enjoy themselves. It's a wonderful existence. In general, it appeared to be that way.

The reality is that Sri Lanka is currently in the midst of an economic crisis and political unrest, and the country's economy is battling to stay afloat.

The Rajapaksa regime is being blamed for a slew of bad policies, as well as corruption and financial mismanagement.