BBCNEWS BBC News April 1, 2022 23:20:00
For infrastructure projects, which really didn't produce a lot of benefit in the end. so, slowly, the debt has been mounting. the previous government that was in power from 2015 to 2019 made a little progress in balancing the books, but when they were elected at the end of 2019 and took power, he immediately cut taxes, soon thereafter the pandemic hit, which killed tourism, one of the main earners for hard currency for sri lanka. and then basically the government resisted from that point on doing what everyone knew it had to do, which was to call in the international monetary fund to help get ...
Source: archive.org