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Why are we broke?

Friday, 24 December 2021 00:46 - - {{hitsCtrl.values.hits}}

Much like a person, when a country is ‘broke’, some self-reflection can help:

What did you do with all that ‘easy’ credit – when you were on a ‘high’? Spent on Opex or Capex?
If Capex: Are you sweating those assets? (Assuming they are still assets!)
Now that creditors are at your door, which assets will you dispose? Or will you look for new creditors to settle the old?
What is your realistic cash flow plan for the next three to five years? Is your ‘lifestyle’ and ego aligned to this?

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.