drishti current affairs magazine english
drishti current affairs magazine english Published this article page no 31 was the key component of a fourpillar economic cooperation arrangementfinalised by two sides in December 2021. Reasons for the SriLanka crisis Default on foreign debt Economic mismanagement has depleted most of Sri Lankas foreign reserves. Sri Lankas high dependency on imports for essential items like sugar pulses and cereals may result further in the economic meltdown Debt Trap Diplomacy It is claimed that Sri Lanka was caught in a vicious web of money lending by China for infrastructure projects (Hambantota Port) and were unable to pay them back drishti current affairs magazine subscription.
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