42% of Sri Lankans are below the poverty line
Research from the University of Peradeniya has revealed that close to half of Sri Lanka's population, 42% (9.6 million people), are living under the poverty line.
Speaking to reporters, Economic professor Wasantha Athukorala of Peradeniya University, explained that this is a dramatic increase of over three-hold across the past three years. In 2019, nearly 3 million people lived below the poverty line, but that number has increased to 9.6 million in October 2022, he explained.