Sri Lanka has been dealing with an economic crisis for months, characterized by a foreign exchange shortage which has led to a scarcity of essentials such as food, fuel and medicines.
This crisis is being called the worst since the country’s independence in 1948. It has led to severe shortages of food, fuel, medicines and even water. What has led to this crisis?
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.
Ahilan Kadirgamar, senior lecturer at the University of Jaffna, explains the roots of Sri Lanka’s economic crisis.
Protests continued in Sri Lanka on Monday, including in front of the residence of the prime minister. The entire cabinet quit on Sunday amid the agitations and a massive economic crisis