Sri Lanka: A happy country ruined by wrong economic policies and corruption, even the army could not save Rashtrapati Bhavan

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When the lava of anger, which had been smoldering for months in Sri Lanka, suddenly erupted on Saturday, the whole country seemed to be on the streets in Colombo. Along with this, President Gotabaya Rajapaksa, who was clinging to power, had to leave the Rashtrapati Bhavan and run away. Thousands of army and police personnel deployed in security also fled from there. Lakhs of protesters gathered in the capital Colombo said, the time for change we were waiting for has arrived. With Gotabaya’s escape, the public is happy and the anger has subsided.

The situation of starvation has forced them to take to the streets, the protesters said. Now we have come with a resolve to overthrow this government. The protesters said, we are not able to drive vehicles due to lack of oil. That’s why all the people are reaching the protest site on foot.

a day of celebration in a gloomy country

A protesting elder said, “The severe financial crisis has badly broken him and his family.” I am dependent on medicines, but have stopped taking them too. My children and wife are also involved in the protest. President Gotabaya has fled. Today is a day of celebration in gloomy Sri Lanka. Everyone is happy.

Biggest economic crisis after independence

In Sri Lanka, people are getting manifold expensive things related to everyday life. Foreign exchange reserves have run out, due to which essential things are not being imported. There are several kilometer long lines for petrol and diesel.

Rajapaksa family occupied all posts, sent 45 thousand crores abroad

The Rajapaksa clan occupied all major positions. When Mahinda became the Prime Minister, brothers Gotabaya were made President, Basil Rajapaksa as Finance Minister, Chamal Rajapaksa as Irrigation and Agriculture Minister and son Namal Rajapaksa as Sports Minister. 70% of the country’s budget came under the control of these five. About 45 thousand crore rupees were sent abroad. This amount is one-third of the value of the products exported from the country in 2021.

Country drowned by wrong decisions of Rajapaksa government

The Rajapaksa clan took many decisions that harmed Sri Lanka. Mahinda Rajapaksa took loans from China for non-essential projects worth $700 million. There were no flights at the airport made out of this debt. As a result, the Hambantota port had to be given to China for 99 years. Mahinda and Gotabaya brutally crushed the Tamils, cutting off the community’s economic development. Chemical fertilizers were banned to make farming ‘organic’, which led to a sharp drop in production. Chamal and Namal played a big role in getting the money abroad. Mahinda’s brother and Finance Minister Basil was called ‘Mr 10 Percent’.

Debt increased, rupee rose from 202 to 362

Foreign debt on Sri Lanka started rising 12 years ago. The debt of many countries and institutions including China, India, Japan, ADB, World Bank, increased so much that the import of essential things had to be reduced. As a result, there was a shortage of medicines, petrol-diesel, gas and food items. The dollar crunch brought new difficulties… because it could have paid for the imports. These conditions brought down the value of the Sri Lankan rupee. The $1 which was worth Rs 202 on March 1, has become Rs 362 today.

Taxes should be reduced to woo the public, revenue also decreased

In 2019, President Gotabaya started reducing taxes to woo the public. This reduced the government’s revenue to $656 million in 2020, from $1095 million in 2017. Tourism, an important source of income in Sri Lanka, began to end due to many reasons. Tourists stopped coming here. Corona ruined everything … 23 lakh tourists came here in 2018, this number was 1.94 in 2021.

To avoid a huge food crisis, keep children asleep till noon

Food crisis has arisen in the country due to the sudden fall in the production of food grains. The prices of cereals, pulses, vegetables are sky high. Middle class families have also reduced their consumption of food, as they are shying away from taking such expensive food items. At the same time, due to lack of gas, people are burning wood stoves in their homes.

103 liters of petrol is available for Rs 550

Colombo-based auto driver Thushan Perera has not fed his three children full meals for 5 weeks at both the times. The family is dependent on a packet of biscuits, the cost of which has reached 130 Sri Lankan rupees. We try to keep our kids asleep till 12 noon so that they don’t have to have breakfast in the morning. Perera says that standing in the queue for two days gives 5 liters of petrol. The government said, the fuel will not come till July 22. Petrol priced at Rs 103 is being sold in black for Rs 550.

People are clashing with the police, army and air force every day, as the jawans are monitoring the petrol pump. Schools, colleges, hospitals are closed. People are compelled to see the family struggling.

Inflation increased by more than 80 percent

Inflation which was 39.1 percent in May has increased to 54.6 percent in June. If we look at the food inflation alone, then from 57.4 percent in May, it has increased to 80.1 percent in June. The rate of inflation in Sri Lanka is the highest in the whole of Asia.

From the swimming pool of Rashtrapati Bhavan to the bedroom, the general public is occupied

According to a protester present in Colombo, the protesters are in control of the President’s house. As the day progresses, the number of protesters is increasing. Protesters have also reached Colombo from different parts of the country.

Expansion

When the lava of anger, which had been smoldering for months in Sri Lanka, suddenly erupted on Saturday, the whole country seemed to be on the streets in Colombo. Along with this, President Gotabaya Rajapaksa, who was clinging to power, had to leave the Rashtrapati Bhavan and run away. Thousands of army and police personnel deployed in security also fled from there. Lakhs of protesters gathered in the capital Colombo said, the time for change we were waiting for has arrived. With Gotabaya’s escape, the public is happy and the anger has subsided.

The situation of starvation has forced them to take to the streets, the protesters said. Now we have come with a resolve to overthrow this government. The protesters said, we are not able to drive vehicles due to lack of oil. That’s why all the people are reaching the protest site on foot.

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