Skip to main content

Inflation in Srilanka- Gamesandblogs

By

 Inflation in Srilanka





Inflation can be defined as increase in General level in an economy. Inflation results decrease in Purchasing Power of an individual. 



Inflation Overview

Let's take the example of inflation. Before 10 Years I could bought samosa and chowemin with RS 20 but Now in present context , I can't even get chowemin in Rs 20 also not Samosa. This is inflation. Here the general price level has increased.

Inflation in Srilanka

Srilanka doesn't have Money , It doesn't have Food , Exams has been cancelled , Critical surgery has been cancelled. But why ? Why inflation took place in Srilanka ?

Because of Trade Deficit

Trade deficit means more imports and less export. Srilanka imports more goods from other's country. It Completely depends upon other country for Consumers Goods too.

Because of More debts

More information on This video

https://www.YouTube.com/shishirbhattarai




Srilanka Have more debts. It's Expenditure are more than savings which results inflation.

Above were the main causes of inflation in Srilanka.

What Srilanka did after financial crisis

Srilanka asked help from neighborhood country and Got helped from it's neighborhood country like India and Bangladesh. After getting help also srilanka couldn't sustain.

Hero One dollar = 335.87 Srilanka Rupees
         

Comments

Post a Comment

Popular posts from this blog

Sunita Williams Smiles as She Returns Home After 286 Days in Space

By
  Sunita Williams Smiles As She Returns Home After 286 Days. Sunita Williams, a renowned NASA astronaut, has made headlines once again with her remarkable journey in space. After spending an extended period of 286 days orbiting Earth, Williams has finally returned home, marking the end of a mission initially planned for just 10 days. This extraordinary feat showcases her resilience and highlights the complexities and challenges of space exploration. The Mission Williams, along with fellow astronaut Butch Wilmore, embarked on the first crewed mission of Boeing's Starliner spacecraft in June 2024. The mission was intended to be a brief test flight to demonstrate Starliner's capability to carry astronauts to and from the International Space Station (ISS). However, due to unforeseen technical issues, the duo found themselves extending their stay on the ISS for nearly nine months 6 7 . The Challenges The Starliner mission faced several setbacks, including malfunctioning thrusters th...
Post a Comment
Read more

I Went to School for 18 Years... and Got Pranked by Life!

By
 Hey, I'm Shishir. I'm from Nepal, and now I'm living in Perth, Australia. And here's something I've been thinking about: I spent 18 years of my life going to school. Yeah, 18. I'm 20 now, and honestly? I'm still trying to figure out if it was all... worth it.  It felt like a full-time job. 10 to 4, every day. Backpack stuffed with textbooks, notebooks spilling out, sometimes even an extra bag. Then home, the real work started: homework, test prep, the constant pressure to get better grades. I was convinced that if I worked hard enough, I'd unlock some secret to success. That was the routine until Grade 10. Then came the big decisions: Morning classes or day classes? (Day classes, obviously. Who wants to freeze in the winter?) And then the even bigger ones: Science, commerce, arts, law? What college? I ended up at a pricey college in Kathmandu, because a relative went there. Looking back, I think, "Why didn't I just go somewhere more affordable...
Post a Comment
Read more

Aama ko Sapana Exercise : Question Answers and Grammar | Neb Class 12

By
  Aama ko Sapana Exercise : Question Answers and Grammar | Mother's dream Shishir bhattarai , 2024   Lesson 1 Mother's dream vocabulary 1. Pair between words that have the same meaning: Usha  – Bright dreams  – Hope for a happy future or imagination Youth  – Youth – Youth  – Struggling struggle  – Fight inertia  – Foolishness –  Throat hope  – Desire to get what you want 2. Search and write a word that matches the meaning from the text: (a) Small drops of water falling on the ground, trees, leaves, etc. at night:  Cold   (b) Instrument made from bamboo, swallow, etc. played by turning it to the right groin with  the lips:  Flute (c) Ability to take or hold:  Ability to create eclipse (d) Creativity (e) To be satisfied or to be satisfied :  Consolation (f) Wind speeding:  Wind 3. Write a synonym for the given word and use them in a sentence: Air : Air pollution is  heavy, so it remains in the city f...
Post a Comment
Read more