Abstract

Once revered as one of the worlds most stable and progressive economic structures, Sri Lanka was a blueprint for national success. Boasting one of the World's best education rates and notable for its tourism, the island nation of Sri Lanka was both a haven and sanctuary settled within South Asia having escaped from past conflicts of aggression, aiming to withstand the test of time. But recent ethnic belligerence within the Nation and the ongoing stresses applied by the Pandemic and Russia-Ukraine hostility has induced brittles within the country’s executive forum. Political nepotism, failed reserve policies, shortsighted development investments, and, unusual yet costly national decisions, etc. have all been identified as prime contributors to their current distress and have composed a melancholic tone that seems to be endless in the current term. With the onslaught of near nullified national funds, ongoing general unrest, and upscale of unpaid debts; Sri Lanka is in desperate need of swift and effective solutions to overcome these incongruous moments. In this paper, the author tries to establish the correlations between Sri-Lanka’s past mistakes that could have been attributed to their current state of affairs and proposes some proper recommendations that could provide solace.

Keywords: Sri-Lanka, Economic-Crisis, Covid-Pandemic, Political-instability