Sri Lankan food vendors have accused the Rajapaksa government of selling everything to China. They say the country has nothing. The country has to buy everything by borrowing from other countries. Fruit and vegetable prices are very high in Sri Lanka amid economic and political crisis.
Farooq, a fruit seller, said that three to four months ago, apples were sold at Rs 500 per kg, now it is Rs 1,000 per kg. Pears used to be sold at Rs 600 per kg, now they are being sold at Rs 1,500 per kg. People do not have money.
He said the Sri Lankan government had sold everything to China. This is the biggest problem. Sri Lanka has no money for selling everything to China. Sri Lanka is buying everything by borrowing from other countries.
Traders expressed dissatisfaction and anger, saying prices were rising every day and they had no cash. Another food vendor, Raja, said there was no business. Gotabaya (President) is not good and he has to relinquish power.
Opposition leader Sajith Premadasa has called for the abolition of the executive presidency in Sri Lanka amid an unprecedented economic crisis.
He said that for almost 20 years, every leader had promised to abolish the executive presidency. But they have only strengthened it.
In a strong speech to parliament on Tuesday (April 5th), Premadasa reminded members of the need to introduce a new electoral system.
Meanwhile, newly appointed Finance Minister Ali Sabri resigned on Tuesday.
The island nation of Sri Lanka is grappling with a severe economic crisis, including food and energy shortages. The economy has been in recession since the Covid-19 epidemic began.
On Sunday (April 3rd), all but the Prime Minister of Sri Lanka’s 27-member cabinet submitted their resignations amid public outrage over the economic crisis.
Meanwhile, a 36-hour long curfew was imposed in Sri Lanka at 6 pm on Saturday.
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