How bad is the economic crisis? The key macroeconomic indicators reveal the extent of the economic crisis facing Sri Lanka. Indicators in all areas of the economy are at their worst level in recent years and in some cases at levels never seen in the post-independence history of this country. Growth remains subdued Growth was negative in 2020 and continued in negative territory in the third quarter of 2021. This was obviously partly due to the pandemic and the measures taken to curtail its spread. However, growth in Sri Lanka continues to remain subdued while other countries in Asia are firmly …