Sri Lanka syndrome: Is Bangladesh out of danger? Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management. Sri Lanka may not be alone. If the pain becomes too much for the long-suffering public to bear, they may take to the streets and turn Pakistan into the next Sri Lanka. Like Sri Lanka, the Maldives is heavily reliant on tourism, which suffered a big blow from the pandemic.