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Mon Jun 20, 2022, 11:38 AM

Sri Lankan students demand government resign over crisis [View all]

Source: AP


COLOMBO, Sri Lanka (AP) — Thousands of students from state universities marched in Sri Lanka’s capital on Monday to demand the president and prime minister resign over an economic crisis that has caused severe shortages of essential supplies and disrupted people’s livelihoods and education.

The students say President Gotabaya Rajapaksa is responsible for the economic crisis, the worst since independence in 1948, and that Prime Minister Ranil Wickremesinghe, who took over the position a little more than a month ago promising to end shortages, has not delivered on his pledges.

Sri Lanka is nearly bankrupt and has suspended repayment of $7 billion in foreign debt due this year. It must also pay back more than $5 billion every year until 2026. Its foreign reserves are nearly gone and it is unable to import food, fuel, cooking gas and medicines. A lack of fuel to run power stations has resulted in long daily power cuts.

In recent months people have been forced to stand in long lines to buy fuel and gas, and the country has survived mostly on credit lines extended by neighboring India to buy fuel and other essentials.

Sri Lankan student Buddhist monks shout slogans as they march demanding President Gotabaya Rajapaksa resign over the economic crisis in Colombo, Sri Lanka, Monday, June 20, 2022. (AP Photo/Eranga Jayawardena)

Read more: https://apnews.com/article/ranil-wickremesinghe-sri-lanka-government-and-politics-cb949109941146dc933978b6f8499535

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Omaha Steve Jun 2022 OP
IronLionZion Jun 2022 #1