Sri Lanka Watch, News and Discussions

HitmanBlood

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Grim situation in Sri Lanka


The Sri Lankan Cabinet had been informed that owing to the failure of the Prime Minister to cope with the country's ongoing economic crisis, Mahinda Rajapaksa has sought to resign from his position.



IMF’s mission chief for Sri Lanka says Sri Lanka’s debt is assessed as unsustainable, approval of IMF financing, including through a Rapid Financing Instrument, would require adequate assurances that debt sustainability will be restored.



Schools, businesses and transport in Sri Lanka closed as people went on strike to demand the government step down.

Sri Lanka defaulted on huge debt, about $50B in foreign loans.

People are suffering from food/medicine shortages, a 138% diesel price hike and 13-hour power cuts.


 

DEV1729

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Amid economic crisis in Sri Lanka, ration, vegetables from India reach Colombo

once this settles down..we an be sure of Sri lanka going back to the lap of china..as usual.
thats Sri Lanka.
True these are backstabbers before that india must seize its strategic points like kuthavithru island.Srilankan muslims are neo nazi hindu haters,srilanka buddhists are pro pakistanis and pro china .Any hindu who is supporting srilanka is enemy of india remember tht rajapaksha deliberately destroyed temples.
 

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