In July 2022, Sri Lankan electorate stormed and occupied the republic’s presidential palace after months of demonstrations. The protesters had one major call for: for the rustic’s then-president Gotabaya Rajapaksa to renounce.

The protests got here off the again of a crippling financial disaster, the worst the rustic had observed because it claimed independence in 1948. As a consequence, the rustic’s inhabitants struggled to get their arms on crucial items like gas, meals and drugs.

While some components, just like the Covid-19 pandemic and the Sri Lankan Easter bombings of 2019, had been out of the federal government’s keep an eye on, political and financial analysts advised CNBC that in the long run, one of the most primary coverage missteps installed position by means of the Rajapaksa political dynasty led to Sri Lanka’s financial loss of life.

So, what do we all know in regards to the Rajapaksa circle of relatives, and what had been the coverage selections that ended in Sri Lanka’s monetary mess? Watch the video above for the explainer.