Sri Lanka’s economy is like a time bomb that could explode at any moment- nikkei magazine

Sri Lanka’s economy could be likened to a time bomb that could explode at any moment, nikkei magazine reports.

According to the the report, the Sri Lankan economy is in deep crisis due to declining foreign reserves, rising cost of living and money printing.

According to the report, the Central Bank of Sri Lanka printed over 130 billion rupees in October alone, and the situation was only the top of a glacier.