Thanks for this first hand report.
Venezuela is currently going the same way.
Many airlines have stopped flying Caracas, as bills were often not paid due to an absurd exchange rate system. People have to apply with the government for tickets calculated in bolivares fuertes ("strong" bolivares!) on the basis of the official exchange rate.
Which means that some of them can fly to Europe and back for less than 100 US$ - calculated using the exchange rate on the black market. Others can not, it depends on whom you know in the system.

As the state is almost surely headed for a complete crash, everybody in the system grabs what they can. The Chinese and Iranian investors are laughing their heads (and other body parts) off.
Big time for them.
The public health system - once one of the best in Latin America paid by petrodollars - has partially collapsed, food is getting scarce, many people starve.
But as many of the "capitalist" farms of this immensely beautiful and fertile country have been closed down, they have to import everything from food to toilet paper.
Hyperinflation has causes.
Communism and corruption are two of the worst.
No need to discuss further measures when a nation falls on either of them.