Sri Lanka Cabinet Offers To Resign As Out-Of-Control Inflation Sparks Widespread Social Unrest
“The island nation is undergoing a severe shortage of food, fuel, and medicine as it runs out of dollars to pay for imports.”
Bloomberg reports that Sri Lanka’s cabinet has submitted its resignation, a ruling party member said, amid rising public anger about the government’s economic policies that have led to soaring living costs and a foreign exchange crisis.
“We gave resignations to the Prime Minister saying we are willing to leave at any time,”
President Gotabaya Rajapaksa imposed a state of emergency on Friday after soaring inflation and widespread rolling blackouts for up to 13 hours a day resulted in protests in the capital
They have killed the economy themselves.
Was planning on going there for a holiday, but their dogshit Covid restrictions make it untenable.
Their loss. They will crash and burn, before they wake up.