Large-scale Economic Crisis in Sri Lanka
@cool83 (4465)
Sri Lanka
July 3, 2022 2:55am CST
We have been in a severe economic crisis since the beginning of this year as a result of nearly depleted foreign currency reserves.
It is highly concerning since inflation is currently running at 50% and rising daily.
live in my country through a difficult period,
There are severe shortages of food, fuel, and gas.
Most city schools are closed, and students are returning to online learning; however, some schools in the villages are resuming again.
people waiting in lines for fuel for about 5 or 6 days now and yet not receiving what they need is a tremendous challenge.
In the past few days, about 15-20 people have passed away while waiting in lines.
How things about your country?
16 people like this
16 responses
@yanzalong (19091)
• Indonesia
3 Jul 22
It is almost similar but no as seriously as in your country.
4 people like this
@Dreamerby (10111)
• Calcutta, India
3 Jul 22
Yes I have heard about it. Bit didn't know it's this bad. So how are you doing there?
4 people like this
@snowy22315 (209177)
• United States
3 Jul 22
I am sorry for that. It seems to be a worldwide recession. Things aren't good here either, but nothing like that.
3 people like this
@cool83 (4465)
• Sri Lanka
3 Jul 22
Ohh really , In my country things are really bad , Im still can handle the situation but most of them can`t hold as like that , Is that effect of Russian and Ukraine war for your country ?


@aninditasen (18202)
• Raurkela, India
3 Jul 22
We Indians know what you are passing through in your country. Here in India we are in a much better situation. Gas cylinders are delivered home.
3 people like this

@aninditasen (18202)
• Raurkela, India
4 Jul 22
@cool83 The prices of food items are continuously rising because of tax increase in India.
1 person likes this

@GardenGerty (169585)
• United States
4 Jul 22
We are also in economic down turn. It is not as bad as where you are though.
2 people like this
@celticeagle (190011)
• Boise, Idaho
3 Jul 22
Our gas prices are sky high and recession is hitting. I hope the situation where you are gets better soon.
2 people like this

@celticeagle (190011)
• Boise, Idaho
4 Jul 22
@cool83 .......Yes, right. Prices are high especial for organic items.

@averygirl72 (38848)
• Philippines
4 Jul 22
We have difficulty also now in my country but not so alarming. We can still manage. I wonder how the new administration will face the challenges of economic crisis
1 person likes this

@cool83 (4465)
• Sri Lanka
4 Jul 22
Ohh really , New administration mean that new government elected or what ?

@LeaPea2417 (40061)
• Toccoa, Georgia
3 Jul 22
I read about that online and I pray it doesn't happen here in America.
1 person likes this


@cool83 (4465)
• Sri Lanka
3 Jul 22
Yeah in IMF is having discussion with our government and hopefully can be step up , well for me and family doing well with in this situation , but the main problem for us is that the we are shortage fuel , food . medicine , lot of roads empty , Don`t you any effect of Russian and Ukraine war?
@solidcodes (1798)
• Philippines
3 Jul 22
And you live in Sri Lanka?
That's bad.
A quite pathetic situation.
2 people like this
@cool83 (4465)
• Sri Lanka
4 Jul 22
@solidcodes Oh that is good rite , how about your country food price ?
2 people like this

@Beestring (15372)
• Hong Kong
3 Jul 22
Wow, that serious. How does your government handle this situation?
2 people like this
@cool83 (4465)
• Sri Lanka
3 Jul 22
Well , our government is handling things are really stupid , that is the main reason , They don`t have a proper plans to what is going to on next ? they think about the fuel after every thing like that , Don`t you any effect of Russian and Ukraine war?
1 person likes this
@Beestring (15372)
• Hong Kong
4 Jul 22
@cool83 Can see any particular effects. The stock market is a bit volatile.
@db20747 (43419)
• Washington, District Of Columbia
21 Dec 22
I hope things have improved since July. And the the monetary fund will help. Being less dependent on gas will help an economy a great deal. The economy doesn't have to shut down. If people wear a mask it will keep them safe when working.

















