Vincent Tie

Posted by Vincent Tie on 12 May 2022

Sri Lanka's Economic and Currency Crisis

SBTV spoke with a Sri Lanka resident about the economic and currency crisis besieging the country. Listen in on this special interview to hear what Sri Lankans are facing when there is corruption, supplies shortages and a debased currency.

Discussed in this interview:
01:11 The 3 factors that have caused Sri Lanka's crisis
03:20 Shortages of food
06:11 Inflation hitting other essential supplies
09:35 Sri Lanka rupee greatly devalued, alternative currencies sought
11:26 Problem getting money out of ATMs
14:53 Downward spiral for businesses
16:53 Scramble to protect wealth

 

 

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