There are many reasons behind the bankruptcy of Sri Lanka. All we know, Sri Lankan economy mostly depends on Tourism industry. Because of COVID-19, their Tourism industry is totally off. At this time, they loss huge amount. Another hand, the government of Sri Lanka take a lots of Developmental workWith foreign debt. At this moment they didn't give Debt settlement.
Unfortunately, I did not find up-to-date data - tell me, where can I see the structure of budget-forming industries in Sri Lanka, in recent years before Covid-19? Tourism - I agree that an important direction, but I vacationed in Sri Lanka from the beginning of 2000 to about 2014, and watched how the tourism industry developed. I have the opinion that it is, of course, not in its infancy, but it is difficult to call it gigantic, such as in Turkey or Thailand.