People desperate to eat in Sri Lanka
Rajapaksa government denies lack of food in the country
Sri Lankan President Gotabaya Rajapaksa on 30 August 2021, using the powers contained in the country's Public Safety Ordinance, has imposed emergency rules regarding the distribution of essential food items. After this, the government has bought stocks of essential food items including paddy, rice, sugar, and other consumer goods.
The Sri Lankan government has denied food shortages in the country. But common people are craving everything from kerosene oil to rice. Sri Lanka seems to be heading towards a major economic crisis. President Rajapaksa has appointed a top military officer to coordinate the supply of paddy, rice, sugar, and other consumer goods.
The Sri Lankan currency has been falling for the past few months. The value of one US dollar has reached around 200 Sri Lankan rupees. In view of this, the Central Bank of Sri Lanka has recently increased interest rates. The prices of potatoes, onions, sugar, and rice are showing a steep rise in the country. For this, the government is blaming the hoarders. Along with this, the foreign exchange reserves of Sri Lanka continued to decline. By the end of July, it had fallen to US$ 2.8 billion. When Gotabaya took power in 2019, it was the US $ 7.5 billion.
The government says that every effort is being made to provide essential food items to the public at subsidized rates by curbing market irregularities and hoarding.
The coronavirus has broken Sri Lanka. There is a huge drop in the number of tourists. There have been many months when even a thousand people have not reached Sri Lanka. Let us tell you that tourism has a huge role in Sri Lanka's economy and this is the reason why Sri Lanka's economy has declined by a record 3.8 percent last year. Tea growers have also warned the government of a 50 percent drop in production.