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 

 

 

From a fellow Sri Lankan! 

God bless our mother land!