Sri Lanka struggles to recover a year after economic and political collapse
PBS NewsHour ·
The pandemic and global economic slowdown have increased pressure on developing economies. The International Monetary Fund reports more than 50 countries are in debt distress. Sri Lanka defaulted on its debt last year and recently secured a $3 billion bailout from the IMF. Fred de Sam Lazaro traveled to the island nation of 23 million people to see how the country is faring.