How can Sri Lanka’s economy be turned around?

In the second part of this interview, Ahilan Kadirgamar, senior lecturer at the University of Jaffna, explains how strengthening the public distribution system, a wealth tax, and focusing on agriculture, the rural economy and the food system are vital.

April 18, 2022 by Peoples Dispatch

In the second part of this interview, Ahilan Kadirgamar, senior lecturer at the University of Jaffna, talks about the continuing economic crisis in Sri Lanka. He explains the perils of negotiating with the IMF and analyses in detail the steps the country has to take if it chooses to traverse a different path. Ahilan explains how strengthening the public distribution system, a wealth tax, and focusing on agriculture, the rural economy and the food system are vital.

He also points out that the current economic crisis will also have a political dimension with Sri Lanka facing the choice between a fascistic path and a progressive alternative.

View the first part of the interview here: https://www.youtube.com/watch?v=WVOVruj3yio