Sri Lanka is within the grip of extreme gasoline and meals shortages which have introduced individuals out onto the streets to name for the removing of the nation’s president.
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The growing nation has been hit exhausting by international provide chain points however many blame financial mismanagement and corruption inside authorities.
For the primary time in historical past the nation was pressured to default on it is international debt final month and has obtained emergency diesel shipments from India.
Now they’re asking for an financial bailout price billions of {dollars} from the Worldwide financial fund.
Hypothesis is rising that different growing nations will quickly be dealing with the identical issues.
Newsnight’s Economics editor Ben Chu went to Sri Lanka to look at the disaster engulfing the nation.
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