The Sri Lankan economy is in bad shape.
"Our economy has 'collapsed'" (Sri Lankan PM Ranil Wickremesinghe).
Sri Lanka Holds its Breath as New PM Fights to Save Economy
ttps://thediplomat.com/2022/06/sri-lanka-holds-its-breath-as-new-pm-fights-to-save-economy/
" They say economic mismanagement, policy blunders like a hasty ban on imported chemical fertilizers that devastated crops, and a government stocked with Rajapaksa relatives caused the crisis."
The past experience says that recovery of such economy is difficult and the time / extent of recovery is unpredictable.
What are the ways to bring back a collapsed economy back to track?
(particularly in the context of Sri Lanka)