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As Sri Lanka’s economy unravels before our eyes, one must ask how this could happen in a country that is historically known for its high standard of living and stable economy.

The island country’s achievements go back decades, giving it a per capita gross domestic product that is 70% higher than India’s and a life expectancy at birth of 77 years, compared to 73, 70, and 67, in Bangladesh, India and Pakistan, respectively.

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