Sri Lanka, which is going through the worst economic crisis since independence, has once again gone into emergency. President Gotabaya Rajapaksa has declared a state of emergency from midnight. Even before this, emergency was imposed in Sri Lanka due to the economic crisis. Then on April 4, emergency was imposed in the country. At present, Sri Lanka is not only facing an economic crisis, it is also witnessing a period of political instability. Recently, a no-confidence motion was brought against President Gotabaya Rajapaksa by the opposition parties. It was alleged that while being President, his duties were not performed properly on his behalf.
Why was the emergency imposed in Sri Lanka again?
On the other hand, amidst the deteriorating situation, large-scale protests have also started in Sri Lanka. Thousands of students are taking to the streets demanding the resignation of the President. The road leading to the Parliament Complex has also been closed since Thursday. A few days ago, tear gas shells were also fired at the protesters by the police. In such a situation, the President has taken this tough decision to maintain law and order.
The main reason for the allegations that are being made on the President now is Sri Lanka’s creaking economy and rising inflation. The situation in Sri Lanka at present seems to be going from bad to worse. The bad situation can be gauged from the fact that single egg worth Rs 30 and potatoes worth Rs 380 are being available there. There is also a huge shortage of petrol and diesel and long queues are also being seen for food items. Apart from food items, there has also been a huge shortage of paper. Getting the students’ exams done is also proving to be a challenge for the government. Apart from all this, Sri Lanka is deeply in debt due to wrong policies. So much debt that even to repay it, Sri lanka will have to take a loan. For this reason Sri Lanka is witnessing its worst phase since independence.
China’s debt trap that drowned
Sri Lanka is also badly trapped in the Dept Trap of China at this time. China is said to have a debt of more than 5 billion dollars on Sri Lanka. Experts told that China works more with countries where there is no democratic government, most of them are also countries where dictatorship prevails but the power remains in the hands of some people. According to experts, not only Sri Lanka has become a victim of this policy of China, but the same has been done with Maldives, Bangladesh, Myanmar and many countries of Africa.
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