Sri Lanka’s entire cabinet resigned as it could not handle the economic crisis in the country

News Desk: Sri Lanka’s entire cabinet resigned as it could not handle the economic crisis in the country. Though, Mahinda Rajapaksa is still the Prime Minister. The Sri Lankan market is on fire due to inflation.

According to analysts, President Gotabaya Rajapaksa and his brother have suffered because of unethical aid to China and policy errors in running the country.

It is to be noted that the amount of foreign debt of Sri Lanka has become huge. More than half of these loans are taken from China.