Sri Lanka is facing this financial crisis. Due to which the prices of essential goods are increasing rapidly in the country. How deep is this crisis in Sri Lanka, it can be gauged from the fact that electricity supply is being affected in different parts of the country. At the same time, schools are unable to conduct examinations due to the supply of papers in the country being affected.
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Inflation breaks records in Sri Lanka
According to the report of the Indian Express, the price of one kg of rice in the country has reached Rs 290 per kg. At the same time, people have to spend the same amount for even one kg of sugar. According to the news agency Reuters, due to which there was a strong jump in the prices of tea in the restaurant. At present, people have to spend up to Rs 100 for a tea. At the same time, the country does not have enough money to buy food and drink outside.
According to government data, the inflation rate in February was 15.1%. Which was the highest in Asia. At the same time, if we talk about the inflation rate of food, it was 25.7% in February. The foreign exchange reserves in the country have come down to only $2.31 billion. India is helping Sri Lanka in this difficult time.