Bhrat Khan

Sri Lanka's Economic Revival: A Journey from Crisis to Growth. Introduction Sri Lanka's economy, once marred by a severe crisis in 2022, has recently shown remarkable signs of recovery. The country, which faced bankruptcy last year, is now registering positive economic growth, bringing hope for its future stability and prosperity.  This transformation from economic hardship to a path of revival highlights the resilience of the Sri Lankan economy and the support it received from neighboring allies. The Crisis of 2022  In 2022 , Sri Lanka's economy faced a historic low, with inflation rates soaring, currency devaluation, and a crippling debt crisis that forced the country to declare bankruptcy. Essential resources became scarce, resulting in severe hardships for the Sri Lankan people.  However, amid this challenging period, India emerged as a key supporter, providing vital financial assistance to stabilize Sri Lanka’s economy . India's timely aid was instrumental in prev...