By November 21, 20180 CommentsReport

How the Current political instability has impacted the economy so far

How the Current political instability has impacted the economy so far 
 
• IMF funding stopped 
   Value – USD 💵 – 1.85 Bn 
 
• USA 🇺🇸Funding Stopped 
   Value – USD 💵 – 490 Million 
 
• Japan 🇯🇵Funding Stopped 
   Value – USD 💵 1.4 Billion 
 
• Investments taken out from the       Sri Lankan Share market 
 Value – Rs . 30 Billion and counting 
• The losses due to Deprecating Rupee against the Dollar 💵 
 Value – Easily over Rs 100 Billion in just one month. 
 
• Losses to the Tourism industry due to booking cancellations 
 Value – USD 💵 50 Mn and counting in just 1 Month. 
 
• High risk of loosing the GSP Concession
 
• High risk of EU sanction for Fish exports 
 
• The UN human rights and the possible sanctions will come back in to action if the current situation continues 
 
• Mass migration will happen at an unprecedented rate 
 
• Sri Lanka 🇱🇰 hardly have a significant product or service that the world depends on, so any possible sanction would lead us to a situation similar to 
Zimbabwe 🇿🇼 inflation 1 Million %
Venezuela 🇻🇪 inflation 1 Million %
 
 
From a fellow Sri Lankan! 
God bless our mother land!

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