Public rage boils as Sri Lanka fumbles with faltering economy

IMF warns of worse to come as South Asian nation fights shy of 17th bailout

President Gotabaya Rajapaksa presided over the 74th Independence Day celebrations last month in Colombo. His popularity has plummeted as Sri Lanka remains enslaved to economic mismanagement and in need of its 17th IMF lifesaver. © Reuters

MARWAAN MACAN-MARKAR, Asia regional correspondent

March 12, 2022 14:00 JST

COLOMBO -- Random flashes of public anger have erupted all across Sri Lanka, the South Asian nation in a deepening economic crisis exacerbated by the policy flip-flops of its ultranationalist government.