 "People stand holding a national flag at the President Gotabaya Rajapaksa's office on the second day after it was stormed in Colombo, Sri Lanka (Photo: AP/PTI)")
Sri Lanka’s economy likely shrank the most in two years amid a debt crisis that triggered a default and widespread protests that brought the nation to a standstill leading to the ouster of the president.
Gross domestic product probably fell 10% in the three months to June from a year ago, according to a Bloomberg survey of economists as of Wednesday. That’s the slowest reading since the corresponding quarter of 2020 and compares with a 1.6% contraction in January-March.
The statistics department is due to release the data at about 3 p.m. local time on Thursday.
“Sri Lanka is likely
