Former President of Sri Lanka Found Responsible for Economic Crisis, Top Court Rules
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Sri Lanka's top court has ruled that former President Gotabaya Rajapaksa, along with his brother, former Prime Minister Mahinda Rajapaksa, were among several government officials whose conduct contributed to the country's worst economic crisis in decades. The court did not order any punishment for their actions.
The economic crisis in Sri Lanka has had severe consequences, with the country's economy shrinking by 7.8% last year. The crisis was characterized by long power cuts, soaring inflation, a plunging rupee, and record high interest rates. It is considered the worst financial crisis in over seven decades.
In response to the economic crisis, the United States and India have stepped in to support Sri Lanka's development and counter China's growing influence. The US International Develo...
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