ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Sri Lanka crisis

Nepotism, bad policy push Sri Lanka to brink of economic ruin

Some blame China's 'debt trap diplomacy' but reasons for crisis are legion

A demonstrator raises a placard as part of a protest against Sri Lankan President Gotabaya Rajapaksa in Colombo on April 23.   © Reuters

TOKYO -- Sri Lanka is on the brink of economic collapse, mired in its biggest financial crisis since independence in 1948.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more