Colombo: Take responsibility for the economic crisis in Sri Lanka Gotabhaya Rajapaksa Opposition groups called for a boycott of the assembly.
The global economic downturn following the Corona epidemic has not left Sri Lanka alone. It had a huge impact on Sri Lanka’s exports. It paralyzed tourism and turned the economy upside down. As a result, the foreign exchange inflows to Sri Lanka were severely affected.
Sri Lanka’s GDP fell to an all-time low of minus 16.3 percent. Due to the decline in foreign exchange, Sri Lanka The value for money is also low. Due to the depreciation of the currency, the price of a kilo of lentils is Rs.250, a kilo of sugar is Rs.215, a kilo of potatoes is Rs.300 and a kilo of big onion is Rs.400.
In addition, there is a severe fuel shortage due to declining foreign exchange reserves. Due to the lack of money to buy coal, power cuts are in effect in Sri Lanka for seven and a half hours every day. Petrol and diesel prices have risen to an all-time high.
Restaurants to be closed:According to media reports, 90% of restaurants in the country have been closed due to the Sri Lanka gas cylinder blockade and only wood-burning restaurants are operating.
Struggle: A huge protest was held near the Presidential Palace in the capital Colombo demanding the resignation of President Gotabhaya Rajapaksa responsible for the economic crisis in Sri Lanka. Tens of thousands of people, led by supporters of the opposition United People’s Power, chanted slogans against Gotabhaya Rajapaksa’s government. Pictures of President Gotabhaya Rajapaksa and Finance Minister Basil Rajapaksa were burnt during the protest.