The Political and Economic Crisis in Sri Lanka
After months of mass protests over the drastic deterioration of living conditions in Sri Lanka, President Gotabaya Rajapaksa fled the country on 13 July and resigned. This marks the end of almost two decades of rule by the Rajapaksa clan, but it does not end the political crisis that will complicate the way to economic recovery. The change of power on the island will limit China’s influence and open up opportunities for India and Western countries.
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