President Gotabaya Rajapaksa appears to have finally fallen as a result of the unprecedented economic catastrophe as he escapes to the Maldives.

  Early on Wednesday, Rajapaksa escaped to the Maldives after months of unrest culminated in demonstrators swarming the presidential palace. Thousands of people gathered outside the office of Prime Minister Ranil

How critical is the situation?

The debt-ridden economy of Sri Lanka has "collapsed" because there isn't enough money to pay for food, fuel, and medical care. The island is depending on assistance from China, India, and other nearby nations as well as the International Monetary Fund (IMF)

How did this happen?

According to analysts, successive governments' poor economic management undermined Sri Lanka's national finances. Deep tax cuts implemented by the Rajapaksa administration soon after taking office in 2019 made the situation worse.

What action took the government?

 Even though the economic crisis was fast getting worse, the Rajapaksa administration originally postponed negotiations with the IMF. The administration has been pushed to take action by opposition leaders and experts for months, but it has resisted in the hopes that tourism will increase.

What action took the government?

 President Gotabaya Rajapaksa and his brother, former Prime Minister Mahinda Rajapaksa, are the targets of a large portion of public rage. The president's restriction on the importation of artificial fertilizers in April 2021 destroyed the supply of the staple rice crop and increased rice crop and increased rice prices