Sri Lanka has faced a lot of crises in recent months. Crisis faced like political crises, economic crises, financial crises, and many more. Recently a month ago, it suffered from a shortage of foreign currency, the government was not able to pay for essential imports, including fuel, and many more. It leads to immense power cuts up to 13 hours in a day in Sri Lanka. Sri Lanka’s people come on the streets to protest against these power cuts and storage of basics such as fuel, food, and medical. These mainly hit the economy of Sri Lanka and they face inflation of more than 50 percent. The country does not have enough fuel for essentials also like public transport, and medical transport and the leader officially declared that have no currency for importing essential items also. Due to the shortage of fuel, the prices of fuel increased tremendously. There are a lot of issues faced by Sri Lanka in recent months. Let us discuss all the issues that increased inflation in Sri Lanka one by one.