Economic crisis in Sri Lanka as millions suffer shortages of essential items
23 July 2022 | 3:01 pm
As Sri Lanka's protest movement reaches 100 days, the people proudly and defiantly said that their fight is not over. Indeed, in addition to political uncertainty, the country faces a long list of problems, with years of mismanagement coupled with external shocks. The coronavirus pandemic has battered the tourism industry, and the war in Ukraine has contributed to soaring inflation. On the ground, there are also long queues for food and fuel. For more, we speak to France 24's correspondent Navodita Kumari in Colombo.
Fuel shortages across Sri Lanka have prompted fuel rationing. For the seventh day in a row, protesters demonstrated in front of the president's office.
It is the first reported shooting by Sri Lankan police since the start of this wave of protests against sharp fuel price hikes. An economic crisis is leading to a fast deteriorating situation in the country.
Black flags have been raised across the country as millions of workers go out on strike in Sri Lanka. President Gotabaya Rajapaksa continues to ignore calls for him to step down.
Colombo has seen clashes between government supporters and protesters outside the offices of the president and prime minister. Hours later, Prime Minister Mahinda Rajapaksa offered to step down.
As protesters tried to enter Mahinda Rajapaksa's residence overnight, police escorted him out on Tuesday morning. The flare up of violence has left at least five people dead and scores injured.
The president has warned against "racial and religious disharmony." Police have received orders to use live ammunition against protesters deemed to be participating in violence.
Sri Lanka is in the grip of its worst economic crisis in decades, facing depleted petrol reserves, food shortages and a chronic lack of medical supplies. More than a month of mainly peaceful protests against the government's handling of the economy turned deadly last week when supporters of the former prime minister stormed an anti-government protest site in the commercial capital Colombo. We discuss the depth of protesters’ grievances, as well as President Gotabaya Rajapaksa’s chances of weathering the storm, with Sri Lankan human rights lawyer and activist Bhavani Fonseka.
Sri Lanka is facing one of the worst economic crises in recent decades, triggering public anger and mass protests, which have fostered unity across ethnic and religious lines.
Addressing the global food crisis stemming from the pandemic and Russia's war on Ukraine, the assistant director-general of the UN's Food and Agriculture Organization (FAO) said there will be no famine but definitely a food shortage for quite some time, especially for countries with low production capacity.
The billionaire was named prime minister for the fourth time and asked to form a government to save the country from financial collapse. He urged fractious politicians to set aside differences to secure an IMF deal.
Fuel will be rationed for two weeks as shortages and inflation continue to wreak havoc on Sri Lanka. Colombo is hoping Russian energy can solve its problems.
The International Monetary Fund has concluded "constructive" talks with the government of Sri Lanka over a possible bailout. The island is facing its worst economic crisis on record, with protests over food, fuel and medicine shortages. Also on the show: why France is faring better than its neighbours when it comes to inflation. Plus FRANCE 24's Madrid correspondent Sarah Morris reports on the Spanish companies suffering from a diplomatic spat with Algeria.
‘Nigeria recovered N3.2bn foreign loots in 14 months, Lalong won’t resign as campaign DG – APC group
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Friday.
1 day ago
U.S. Secretary of State Antony Blinken on Wednesday (August 10) met with Prime Minister of the Democratic Republic of Congo Jean-Michel Sama Lukonde in Kinshasa ahead of his trip to neighboring Rwanda.
1 day ago
The move comes three days after a woman fell to her death while riding on one of the amusement park's rides. Authorities have launched an investigation into the incident.
1 day ago
Prosecutors have alleged the suspect was "in contact with a Russian intelligence service" between 2014 and 2020. Information was said to have been shared during personal meetings, over the telephone, email and WhatsApp.
1 day ago
Barcelona midfielder Frenkie de Jong continues to be linked with a move to the Premier League, according to media reports. Chelsea and Manchester United are rumoured to be interested in the 25-year-old Dutchman. British media reported that Manchester United were willing to pay 70 million euros ($71.27 million) for De Jong.
1 day ago
North Korea's Kim Jong Un declared victory in the country's battle against COVID-19 on Wednesday, while the leader's sister revealed he too had suffered from fever, indicating for the first time that he was likely infected with the virus. Laila Shahrokhshahi reports.