Source: Egyptian Institute for Studies
Author(s): Ahmed Zikrallah
Due to exacerbation of its external debt crisis, Sri Lanka has recently announced inability to meet its obligations to creditors (bankruptcy) in light of dramatic development of the difficult economic conditions that the country has been experiencing for several years.
Meanwhile, there have been recent reports circulated about the difficult economic conditions in Egypt, and even its likely bankruptcy, as reported by some Egyptian media outlets and newspapers most recently.
Therefore, it would be useful in this regard to compare the economic conditions both in Egypt and Sri Lanka.
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