Political Crisis in Sri Lanka

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Sri Lanka has been embroiled in a political crisis in the wake of recorded inflation and widespread food and fuel shortages that have also affected the supply of electricity in many areas. I added to the mix of allegations of mistreatment, corruption and racism, and the situation is starting to look very similar to that in Pakistan. The party of the President of Sri Lanka, Gotabaya Rajapaksa, has lost a majority of its members in Parliament, and former allies of the opposition have demanded his resignation due to the ongoing economic crisis. He has been losing members of the cabinet at an alarming rate his latest finance minister resigned after one day in office. A few days earlier, the entire Cabinet with the exception of the prime minister had resigned in large numbers, although a few members returned with new positions. Meanwhile, the threat of violence remains high after nearly a week of protests despite an emergency. More than 60 people have been arrested, and human rights groups say they have been tortured in prison. Former members of his party have also warned that the situation will only get worse if Rajapaksa refuses to step down. Rajapaksa has refused to step down but has called for a unity government led by him and the prime minister. However, this is also a problem because the prime minister is already his older brother. As it turned out, one brother had been the Minister of Finance for a year, and several other siblings, mothers and children, were busy with the program. Some recent reports estimate that more than 70% of the country’s budget is controlled by the Rajapaksas. Mahinda Rajapaksa, who led the country at the end of the Sri Lankan civil war, has put the country on the path to debt growth with a strong focus on tourism. Gotabaya, who became president in 2019, overcame his brother’s policies. This worked well until 2020, when the Covid-19 epidemic halted tourism. At the same time, significant tax cuts that occurred a few months before the epidemic significantly reduced government spending. This negligence, in line with the brotherhood, is the source of the problem.

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