Inside Sri Lanka's economic crisis - BBC Newsnight

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BBC News

BBC News

Жыл бұрын

Sri Lanka is in the grip of severe fuel and food shortages that have brought people out onto the streets to call for the removal of the country's president.
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The developing nation has been hit hard by global supply chain issues but many blame economic mismanagement and corruption within government.
For the first time in history the country was forced to default on it's foreign debt last month and has received emergency diesel shipments from India.
Now they are asking for an economic bailout worth billions of dollars from the International monetary fund.
Speculation is growing that other developing nations will soon be facing the same problems.
Newsnight's Economics editor Ben Chu went to Sri Lanka to examine the crisis engulfing the country.
Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
Website: www.bbc.co.uk/newsnight
Twitter: / bbcnewsnight
Facebook: / bbcnewsnight .

Пікірлер: 635
@karenmbbaxter
@karenmbbaxter Жыл бұрын
One thing the BBC didn't mention is The P.M. stopping farmers from using fertiziler immediately on their crops. This was the real nail in the coffin economically for Sri Lanka. The country used to grow enough crops to feed itself but now with a ban of fertilizer they are only growing half the amount of crops than normal and there is not enough food to feed the population.
@GG-hn3dy
@GG-hn3dy Жыл бұрын
He did not want or was ordered not to report it. BBC reporting has become so biased to be unwatchable.
@prakyathkumar8618
@prakyathkumar8618 Жыл бұрын
it's politically incorrect to report such facts
@kotenoklelu3471
@kotenoklelu3471 Жыл бұрын
It awaits many more countries. With energy crises there is shortage of fertilizers globally. Price of fertilizers triple
@itsaUSBline
@itsaUSBline Жыл бұрын
Seems like that's outside of the scope of the report. It's clearly intended as a general overview of the situation. They interview multiple people who mention the corruption and mismanagement of the government, so it's not like they entirely gloss that over, they just don't go into specific detail as what that mismanagement involved because it's not particularly relevant to an international audience who doesn't live in Sri Lanka. You can easily go look up the specifics if you're so inclined. I wouldn't call this bias, except in the sense that the report is clearly aimed at people who aren't actually living in Sri Lanka.
@souvikrc4499
@souvikrc4499 Жыл бұрын
Apparently it was a half assed move to save SL’s foreign exchange reserves, which ended up backfiring spectacularly.
@alexindustries1991
@alexindustries1991 Жыл бұрын
Corruption is the prime reason. Mismanagement is the second reason.
@RedDragon-yq7ro
@RedDragon-yq7ro Жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@alexindustries1991
@alexindustries1991 Жыл бұрын
@@RedDragon-yq7ro tell it to corrupt politicians. How could they live without the commissions they gain from coal and oil imports?
@lynngb4864
@lynngb4864 Жыл бұрын
The primary reason is an electorate incapable of distinguishing facts from fear mongering when choosing their leaders. Coming soon to a democracy near you.
@alexindustries1991
@alexindustries1991 Жыл бұрын
@@lynngb4864 there are no 'good politicians' to chose from in Sri Lanka. People have to opt for the least corrupted politicians, who become the most corrupted ones during their tenure.
@alexindustries1991
@alexindustries1991 Жыл бұрын
@@lordcarl3374 not really. China always stood for Sri Lanka in its times od need. For example, China and Russia vetoed against UN security council proposals against Sri Lanka that were brought in by the likes of Briton and US. China provided Sri Lanka with required military aid and funding to end the war with the terrorist organisation called LTTE. China always provided required funds for the development of the nation. They never hesitated when asked. It was Sri Lankan piliticians and high officials who pocketed the bulk of the funds and used the rest on useless mega projects like the Maththala international airport. China was never a reason for the current situation in the country. If the Chinese and other funds were used properly for the past couple of decades, Sri Lanka wouldn't be still called as a developing country.
@karnatakaball
@karnatakaball Жыл бұрын
I feel sorry for the Sri Lankan people. Hopefully you get through this. From Bangalore, Karnataka, India. 🇮🇳❤️🇱🇰
@niru9886
@niru9886 Жыл бұрын
Sinhala pundai
@warnpassion
@warnpassion 7 ай бұрын
No need. These Sri Lankans are the most resentful and despising lot. Despite India helping them overcome this economic emergency by providing emergency fuel, medicines and money in the early days of this catastrophe they still hold pretty racist, sectarian and chauvinistic views against us.
@masscvf6094
@masscvf6094 6 ай бұрын
​@@niru9886😂😅😅😅❤🎉
@masscvf6094
@masscvf6094 6 ай бұрын
​@@niru9886Nanba vera level😂❤🎉🎉
@indikawijenayake2904
@indikawijenayake2904 Жыл бұрын
This country has been dragged to this situation by a corrupted family.
@RedDragon-yq7ro
@RedDragon-yq7ro Жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@indikawijenayake2904
@indikawijenayake2904 Жыл бұрын
@@nba1942 nice try to get views stupid!!!
@Mark-xg3zn
@Mark-xg3zn Жыл бұрын
@@RedDragon-yq7ro We cant eat 3 meals a day my friend, we are not in a financial, mental, physical or emotionally capable state to think of investments.
@seeingisbelieving8519
@seeingisbelieving8519 Жыл бұрын
No Indika Wijenyake is not Corrupted family. Its your Sinhalese People who voted in large amount to bring this triple gem leaders (Rajapakshe Family) back in to leadership. Because you wanted to teach Minority a lesson, Because you people believed he was a Dutugamunu.
@indikawijenayake2904
@indikawijenayake2904 Жыл бұрын
@@seeingisbelieving8519 this is not right at all brother. That so called majority does not represent us. But can't reject what you've told. It was the majority who voted them.
@johnxina987
@johnxina987 Жыл бұрын
I am sad the fertilizer import ban was only covered for 30 seconds. In Sri Lanka, just over 1/4th of the population works in agriculture. That's compared to less than 1% in the United States. When your government is dumb enough to ban fertilizer imports, and massively decrease crop yields, things are going to get very ugly! And that's before the debt, tourism drop, and food and energy prices skyrocketed.
@bryantay2900
@bryantay2900 Жыл бұрын
This is self inflicted by sri lanka?
@jirachi-wishmaker9242
@jirachi-wishmaker9242 Жыл бұрын
@@bryantay2900 yes to "promote" organic farming.
@tp8615
@tp8615 Жыл бұрын
Copy pasta!
@ManMan-ul1pn
@ManMan-ul1pn Жыл бұрын
@@bryantay2900 yep
@DAndyLord
@DAndyLord Жыл бұрын
@@jirachi-wishmaker9242 In most cases organic farming is worse for the environment, and produces lower nutrition quality foods than modern farming. Or it requires an unreasonable amount of labour.
@AnimeLover-fi3wf
@AnimeLover-fi3wf Жыл бұрын
I live in Sri Lanka, so I'm really sad to see my mom struggle everyday to give me and my brother's 3 meals a day, going to work walking halfway and back because there are less busses and the once that are running are jam packed 😓😓, some of my friends hardly get 2 meals a day, some get non at all. the only thing I can do is pray, if you can give a small prayer for all of us it would be a big help ✨✨✨
@RedDragon-yq7ro
@RedDragon-yq7ro Жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@humancorruption9718
@humancorruption9718 Жыл бұрын
Why are you not growing your own food in buckets ???
@yeeet1198
@yeeet1198 Жыл бұрын
@SorryLankan lol ok
@7_years_and_
@7_years_and_ Жыл бұрын
@SorryLankan stop victimhood .how many died /killed by LTTE? Stop acting like you are the only victim
@sweeta17
@sweeta17 Жыл бұрын
in sl news several people have said about not having 3 meals daily . look at europe and other so called rich western countries where many cant afford 3 daily either even 1 or 2 with some people . personally i dont think 3 is necessary . the people are struggling badly too and many have sold their cars because they cant pay for fuel insurance etc nor for many other things . times are very tough for non wealthy people everywhere . there are plenty of stories on here yt .
@VISHNUPSOFFICIAL
@VISHNUPSOFFICIAL Жыл бұрын
Prayers from India, 🇮🇳.Hope Srilanka will recover soon from this problems.
@888ssss
@888ssss Жыл бұрын
it wont recover util its gets rid of central banking criminals.
@simriths.s5976
@simriths.s5976 Жыл бұрын
@@888ssss and Chinese influence.
@jirachi-wishmaker9242
@jirachi-wishmaker9242 Жыл бұрын
@@simriths.s5976 They owe Japan same amount as China.
@simriths.s5976
@simriths.s5976 Жыл бұрын
@@jirachi-wishmaker9242 they owe us also but we'll forgive them.
@jirachi-wishmaker9242
@jirachi-wishmaker9242 Жыл бұрын
@@simriths.s5976 Our loan 6% Japan 10% China 10%.
@romanvladimirovichpetrikov4947
@romanvladimirovichpetrikov4947 Жыл бұрын
I thank BBC for your useful and honest work. I am from Russia. I am with people from Shi Lanka. We don't need any corruption in the world and our countries!
@nba1942
@nba1942 Жыл бұрын
1 Roman Vladimirovich Petrikov Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@user-en2oz8vu8f
@user-en2oz8vu8f Жыл бұрын
Thank you
@janath9118
@janath9118 Жыл бұрын
Roman Petrikov Thank you for your interest about Sri Lanka!
@romanvladimirovichpetrikov4947
@romanvladimirovichpetrikov4947 Жыл бұрын
@@janath9118 Thanks for your reply. I respect all the people who fight for their rights and against any corruption. I like Indian culture a lot. It has changed my life.
@aussiedrones755
@aussiedrones755 Жыл бұрын
It’s for the archive
@nanamartynova919
@nanamartynova919 Жыл бұрын
prayers for you all there...
@velocirapture89
@velocirapture89 Жыл бұрын
I am very sorry to hear about this crisis. I have donated what I can spare at the moment to humanitarian funds but I do wonder how much of that will actually go to benefit the average man, woman and child affected by these crises.
@jeca3865
@jeca3865 Жыл бұрын
You cannot erase corruption in this world. Even developed countries still have a problem in corruption
@pedroroque8681
@pedroroque8681 Жыл бұрын
“Developed countries” were built on corruption. They are the fathers of corruption, not the other way around.
@davyroger3773
@davyroger3773 Жыл бұрын
There’s no such thing as a developed country
@rondoengin1842
@rondoengin1842 Жыл бұрын
I love the sri lanka state and its people very much, the situation of the country will improve I hope greetings from turkiye
@syedshabazhaidernaqvi5576
@syedshabazhaidernaqvi5576 Жыл бұрын
Thank you
@mohamedtrevino8709
@mohamedtrevino8709 Жыл бұрын
1 Syed shabaz Haider naqvi Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@davidebiember607
@davidebiember607 Жыл бұрын
So sorry to see the suffering being inflicted on the people of Sri Lanka. I lived there for 3 and a half years from 1979 to 1983. I was a student there studying accountancy (CIMA) .i could not have chosen a better place to go . The SriLankan people are some of the best people i have ever seen. I have been to about 40 countries and that says a lot. When as a student i got broke there were always kind people to help me out. My prayers are just that they get out of this terrible situation and live better lives.
@seeingisbelieving8519
@seeingisbelieving8519 Жыл бұрын
Did u see Anti Tamil Pogrom in 1983??? Best people that murder thousand of minority... The reason sri lanka in that position is got nothing to with corruption..... RACISM/fascism & MAJORITARIANISM IS THE REASON MY FRIEND......... "Ebiember last name sound like German.... I hope you know what the German did
@sojournersunrise2290
@sojournersunrise2290 Жыл бұрын
~Prayers~
@walterrodrigues9077
@walterrodrigues9077 Жыл бұрын
Great 😊
@abuahmed6058
@abuahmed6058 Жыл бұрын
Lessons to be learned from the economic collapse of Sri Lanka: always live within means ,don't go for deficit financing, don't go for foreign borrowing .
@RedDragon-yq7ro
@RedDragon-yq7ro Жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@kristycampbell5986
@kristycampbell5986 Жыл бұрын
1 Abu Ahmed Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@michaelbuckttee4241
@michaelbuckttee4241 Жыл бұрын
deficit financing... sounds like a real problem of the state
@sydneywest7082
@sydneywest7082 Жыл бұрын
@@RedDragon-yq7ro lol your repeat comment sound like troll
@sydneywest7082
@sydneywest7082 Жыл бұрын
exactly
@jirachi-wishmaker9242
@jirachi-wishmaker9242 Жыл бұрын
Hope it recovers...prayers from India To 🇵🇰🇲🇲🇳🇵🇲🇻 as well
@azyanziyad1291
@azyanziyad1291 Жыл бұрын
Thanks for the prayers but my country 🇲🇻 can recover from anything if it's was not for the corrupt people like the Sri Lankans that costed them dearly I am wishing Lanka to recover from this dark crisis 🙏
@azyanziyad1291
@azyanziyad1291 Жыл бұрын
Yes my country is doing well since covid
@everythingworthy
@everythingworthy Жыл бұрын
An example for the rest of the world. Political dynasty is a plague. Prayers to the Sri Lankan people 🙏
@Vaginaninja
@Vaginaninja Жыл бұрын
Religion is also a plague, dude. 🙏
@everythingworthy
@everythingworthy Жыл бұрын
@@Vaginaninja Not as much as politics. Religion doesn't run a government.
@shreeveda
@shreeveda Жыл бұрын
In such tough times, public transport must be focussed upon more. Personal vehicles must be discouraged. Do this till the tide turns.
@Bullcutter
@Bullcutter Жыл бұрын
Watch out for con-artists here, speaking about investing, using certain person or organisation as being recommend! It's all a con to rub people of their savings!
@dsn3001
@dsn3001 Жыл бұрын
yeah funny seeing some of these bots trying to peddle their junk to other bots.
@davyroger3773
@davyroger3773 Жыл бұрын
You’d have to be nuts not to catch on that it’s a scam, I see those horrible comments all the time
@fazaldgx6822
@fazaldgx6822 Жыл бұрын
Nice
@JamesHahnII
@JamesHahnII Жыл бұрын
Not a word about the Sri Lanka Central Bank devaluing the currency and causing this inflation?? “Sri Lanka has printed 1.2 trillion rupees in 2021 most of which has flowed out of the country as a balance of payments deficit official data shows on top of 505 billion rupees printed in 2019 mostly to keep interest rates down.”
@nba1942
@nba1942 Жыл бұрын
1 James Hahn II Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@johnsmith99997
@johnsmith99997 Жыл бұрын
Can't have reality getting out, how will the worlds governments keep buying votes without printing
@rajasingammuthusamy959
@rajasingammuthusamy959 Жыл бұрын
In Malaysian also almost the same situation, with very expensive food items.
@kristycampbell5986
@kristycampbell5986 Жыл бұрын
1 Rajasingam Muthusamy Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@rcm8881
@rcm8881 Жыл бұрын
same here in the Philippines my ASEAN brother
@embreis2257
@embreis2257 Жыл бұрын
maybe if Sri Lankan prosecutors would seize all assets of the former PM, president and family members and freezes them until a fair trial establishes if any of it can be claimed back lawfully?
@rajk2169
@rajk2169 Жыл бұрын
In March 2020, the IMF told the Rajapaksa regime that Sri-Lanka’s debt was unsustainable. The IMF did a debt sustainability analysis and came to a conclusion that the debt was not sustainable for the next five years. The regime ignored the warning from the IMF! In Sep 2021, the regime appointed Ajith Nivard Cabraal as the central bank governor. Cabraal repeatedly claimed that there was no need for an IMF bailout! Sri-Lanka has asked the IMF for bailout 16 times in the last 52 years. This shows that Sri-Lanka has been an economic basket case for the last 50 plus years. However, the Rajapaksa regime has comically claimed that going to the IMF would damage the sovereignty of the country and wasted two years in seeking an IMF bailout. Now, after bankrupting the country, the regime is asking the IMF to speed up the bailout! In 1950, one US dollar bought Rs 5. When Gotabaya Rajapaksa was elected in November 2019, one US dollar bought Rs 180. Now, one US dollar can buy more than Rs 360. The Rajapaksa regime is probably the most incompetent regime in the world!
@carmensolomonsz734
@carmensolomonsz734 Жыл бұрын
Australia is giving Sri Lanka fifty million dollars and so are other nations. With the corruption by the family running the country and their henchmen I wonder how much will go into their pockets!! These corrupt individuals have been bleeding this unfortunate country for years. Just check their assets : luxury hotels in Dubai and other such places for instance. And now even with the so called Emergency in place the wives and children of these corrupt individuals have fled under cover of darkness to their mansions overseas. Will anyone or anything save this sad country??
@rajk2169
@rajk2169 Жыл бұрын
@@carmensolomonsz734 It is not just Australia propping up the dodgy regime. India, UK and US have been propping up the Rajapaksa regime and the previous Sri-Lankan regimes despite knowing their records of corruption and violence! Mahinda Rajapaksa stole money from the Tsunami Aid funds. You can check online for “Helping Hambantota”. The Commonwealth gave Mahinda Rajapaksa the honor to host the Commonwealth Summit in 2013, despite credible allegations of war crime against the Rajapaksa regime. Instead of liquidating rogue regimes, the West wants to nurture them! Just over two years ago, the vast majority of Sinhalese voted for the Rajapaksa brothers knowing their records of corruption and violence, when they were in power from 2005 to 2015. The Rajapaksa brothers were elected primarily because of Sinhala ethno-nationalism. So, the Sinhalese have no right to complain now! It is worth noting that every government since 1948 (except the first government of Ceylon) left office under an economic and/or political crisis! So, Sri-Lanka’s future will be bleak!
@stevenssendegeya7945
@stevenssendegeya7945 Жыл бұрын
Sad
@shashanksaxena8565
@shashanksaxena8565 Жыл бұрын
I know it's tough time for Sri Lankans....still keeping their cool and following laws .... protesting in peaceful manner...is applaudble! I hope & pray that they will get out of this financial trouble soon & will become an example to how to manage your country in tough times.
@shankar4330
@shankar4330 Жыл бұрын
You must be living under the rock then. They ransacked presidential palace and prime minister's residence
@undisclosed_branding9714
@undisclosed_branding9714 Жыл бұрын
Such beautiful people. I feel horrible for them
@bulthaosen1169
@bulthaosen1169 Жыл бұрын
That rabies case really drove home the point.
@mohamedtrevino8709
@mohamedtrevino8709 Жыл бұрын
1 Bul Thaosen Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@aleksandersuur9475
@aleksandersuur9475 Жыл бұрын
That's a poor example, because rabies is really very rare these days. It's a danger of least concern, because it's just not very likely to happen. Sri Lanka is not one of the countries to have managed to eradicate the disease completely, but still it's not common at all.
@bulthaosen1169
@bulthaosen1169 Жыл бұрын
@@aleksandersuur9475 the point is that it's a stupid way to die. It's not as if rabies vaccine is expensive and hard to find.
@englishforya
@englishforya Жыл бұрын
Memories are always special. Sometimes we laugh by remembering the days we cried.and we cry by remembering the days we laughed.. That is life.
@jirachi-wishmaker9242
@jirachi-wishmaker9242 Жыл бұрын
LifeForYa
@nonine5304
@nonine5304 Жыл бұрын
Feel pity for the Srilankans... God bless
@nonine5304
@nonine5304 Жыл бұрын
@@nba1942 now go and fk yourself... If you dont know the amount of corruption of the politicians... you must not speak.
@groots4667
@groots4667 Жыл бұрын
feel pity for 200k plus tamilian mass slaughtered there. karma hits now very badly.
@johnsmith99997
@johnsmith99997 Жыл бұрын
Are you saying the 2.2 million Tamils in Sri Lanka are not Sri Lankan? They are suffering this too
@rajk2169
@rajk2169 Жыл бұрын
Corruption, incompetence, majoritarianism, nepotism and racism are the reasons for Sri-Lanka’s bankruptcy. Two years ago, the vast majority of Sinhalese voted for the Rajapaksa brothers knowing their records of corruption and violence, when they were in power from 2005 to 2015. The Rajapaksa brothers were elected primarily because of Sinhala ethno-nationalism. In Sri-Lanka, elections are won on anti-Tamil and anti-Muslim propaganda! So, the Sinhalese who voted for them cannot complain now! What goes around comes around! “The government you elect is the government you deserve.” Thomas Jefferson
@tuffbarber842
@tuffbarber842 Жыл бұрын
Just like Hindu nationalist movement are doing now to India their election pjb is nothing but ethno/religious nationalism discussed as a democracy.
@rajk2169
@rajk2169 Жыл бұрын
@@tuffbarber842 True. Anti-minority propaganda is a South Asian disease. It is used by third-rate politicians to win power by fooling the majority! This is the reason South Asia is stuck in the third-world.
@RangithaBalasuriya
@RangithaBalasuriya Жыл бұрын
In fact, today the queue hours have increased to 40 from 8. Very sad.
@nba1942
@nba1942 Жыл бұрын
1 Rangitha Balasuriya Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@shayanahmad5439
@shayanahmad5439 Жыл бұрын
This rhymes so much with the situation in Pakistan.
@user-td1pt3dv9w
@user-td1pt3dv9w Жыл бұрын
Благодарность Вам студии за репортаж это будет вокруг скоро даже самых золотых ископаемо странах !!!
@nothuman3083
@nothuman3083 Жыл бұрын
This is your allies fault you know the ccp wanted a port that badly, but we also got a port too.
@humancorruption9718
@humancorruption9718 Жыл бұрын
Very true. War is coming to this world and I can not wait.
@isurusrinath9904
@isurusrinath9904 Жыл бұрын
#gohomegota2022 #un #ගෙදරපලගෝටා
@darleneburns8035
@darleneburns8035 Жыл бұрын
This is not good it will only get worst
@Tal__
@Tal__ Жыл бұрын
Sri Lanka has a very advantageous position in global shipping but government mismanagement ed them to privatise 80% of the new Hambantota deep water harbour to Chinese investors. The conservatives have been doing a similar thing for the past 12 years, mismanage the economy and start privatising British industry and selling it off wholesale to Chinese investors.
@breastmilkgaming
@breastmilkgaming Жыл бұрын
the Chinese port of Srilanka had 0 cargo ships
@michaelbuckttee4241
@michaelbuckttee4241 Жыл бұрын
it's nothing to do with Chinese investors. it's their CURRPTED goverment.
@thejanamendis9528
@thejanamendis9528 Жыл бұрын
Hambantota is not a big thing .colombo port is the real thing.ranked top 10 in the world.
@Tal__
@Tal__ Жыл бұрын
@@thejanamendis9528 obviously, the government screwed up Hambantota...
@gulishtanaaz1076
@gulishtanaaz1076 Жыл бұрын
Yes but as a human being i don't want them to suffer ...may god helps you all to come over this critical critical....our dua is always with you all ....soon you will come out of it
@mitziamit751
@mitziamit751 Жыл бұрын
Pray for Sri Lanka I will be starting online school again because of the fuel crisis 🙏
Жыл бұрын
Why just some people going more rich while most people of world going down, more poor?
Жыл бұрын
@@wocky7940 I already am and be you to!
@thetooba8758
@thetooba8758 Жыл бұрын
MAY GOD BLESS YOUR COUNTRY. LOVE FROM PAKISTAN 🇵🇰❤️
@Arun7748
@Arun7748 Жыл бұрын
I don't know what Rajapakses did wrong. They did exactly what people voted their family for - discrimination, hatred, racism and genocide of Tamils - and they did that. Now suddenly people talk like angel victims and switched the topic to economy jobs etc.
@maryloutalabon7082
@maryloutalabon7082 Жыл бұрын
My goodness what happen to Sri Lanka
@freeyoutubemusic1779
@freeyoutubemusic1779 Жыл бұрын
Ohh
@anycyclopedia
@anycyclopedia Жыл бұрын
1 Family destroyed millions of families
@johnmatthew536
@johnmatthew536 Жыл бұрын
Saint Joseph comfort of the afflicted Pray for us . . .
@elishevak.8637
@elishevak.8637 Жыл бұрын
I heard that part of the problem is that Sri Lanka has gone organic and since pesticides aren't used any more there is much less produce... Is that just a rumor?
@pemawangchuk6500
@pemawangchuk6500 Жыл бұрын
Get well soon our Buddhism brother be claim and be happy.🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹
@gohan3243
@gohan3243 Жыл бұрын
Nobody would stop corruption if they benefit from it.
@nba1942
@nba1942 Жыл бұрын
1 Go Han Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@occif2023
@occif2023 Жыл бұрын
That tan blazer has seen better days. It appears he found that wadded up in the back seat of his Volkswagen on a hot sunny day after he spilled a 7up on it.
@mrbardel4363
@mrbardel4363 Жыл бұрын
this is the future ...
@junedjujun3000
@junedjujun3000 Жыл бұрын
💥💥💥💥🔥🔥🔥
@nba1942
@nba1942 Жыл бұрын
1 Juned Jujun Fuk what you saying it here 😠 kzbin.info/www/bejne/bqvVl4aBa9WhprM Felicidades, es un buen ejemplo. 😠 5:25 Se deja ver que hay muy buenos resultados 😠😠 Saludos desde la Cd.. de world 🌹😉💖 los mortales abian apreciado tan hermosa mujer
@humanfactory4905
@humanfactory4905 Жыл бұрын
For the last 2 years, it lost about 10 B USD from Tourism and Worker Remittances due to the Covid. it was a big hit to its foreign reserve(7.5 B USD) in front of the loss of its access to the international commercial credit market. So, this resulted in a dollar shortage, and now working with IMF and other international assistance to get rid of this.
@blardymunggas6884
@blardymunggas6884 Жыл бұрын
Lesson : Never borrow money from IMF. They will destroy your country
@sww3679
@sww3679 Жыл бұрын
@@blardymunggas6884 how? explain. IMF never taken any actions when a country defaults, only granted grace periods.
@blardymunggas6884
@blardymunggas6884 Жыл бұрын
@@sww3679 IMF interest rates is the highest. You didn’t know?? You should read the contracts. Its worse than borrowing from unlicensed money lenders. Day light robbery from those that are desperate.
@sww3679
@sww3679 Жыл бұрын
@@blardymunggas6884 show me the contracts, examples, and link to prove your allegation.
@nicks2106
@nicks2106 Жыл бұрын
Corruption will destroy all society
@kishannr911
@kishannr911 Жыл бұрын
Once a Sri Lankan said - We are not like other country we are punctual and maintian our duties well. Now Karma has found its way to your destiny... Feel the pain and gain the wisdom... Dont be too smart or too jealous... God bless you come out of your troubles and learn and live like a literate man...
@lilawathikumari5586
@lilawathikumari5586 Жыл бұрын
I'm very afraid to give a comment here because Sri Lanka is a country that taken the liberty of social media usage. So forgive me for my comment. I think I found a solution to all of these struggles right now going on in Sri Lanka. People of Sri Lanka live in such a hell these days. People of Sri Lanka needs Chemical fertilisers for their farms and more importantly the fuel. Not to the Police or Armies or to the government. Just the ones who need... Fellow other countries , if you're listening from where ever you are... Just if you can help people of Sri Lanka. Send chemical fertilisers for farmers ( directly to the farmers ) and fuel. Forgive me if you find these words of mine as Dumb words. Just help the people you can. I'm not a hater. If you cannot help each other with other countries. I guess , there won't be a world to live anymore.
@seeingisbelieving8519
@seeingisbelieving8519 Жыл бұрын
Why do u have to fear ??? you are part of Sinhalese majority...... You should have any fear dear
@ceylon4623
@ceylon4623 Жыл бұрын
#gohomegota
@dhesgonzales9840
@dhesgonzales9840 Жыл бұрын
Please have mercy on them..
@Abiwick
@Abiwick Жыл бұрын
3:56 He's Father is also one of Sri Lankan president😂
@user-kk8hq4dm8k
@user-kk8hq4dm8k Жыл бұрын
The ghost of innocent Tamilians killed haunts the Sri Lankans.
@pemawangchuk6500
@pemawangchuk6500 Жыл бұрын
From Bhutan 🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹
@wrightvcx2249
@wrightvcx2249 Жыл бұрын
Haha..China screwed them.
@MrWaterbugdesign
@MrWaterbugdesign Жыл бұрын
Cabbage is still about 1/3 less in Sri Lanka than the US. Yes it used to be cheaper, but is still cheap. Inflation is the measure of change, not a level.
@nasleelafir4931
@nasleelafir4931 Жыл бұрын
Reports say the stolen amount by the ruling family is closed to 30 billion dollars and most of the stolen money is invested in developed countries. So technically the west is also responsible for srilanka's economic downfall. Most developed countries never check where the money is from. Like London to the Russian Oligarchs.
@jimflagg4009
@jimflagg4009 Жыл бұрын
Just maybe you should not have cut taxes.
@OFWKalinga
@OFWKalinga Жыл бұрын
🤔🤔🤔
@stevekima8881
@stevekima8881 Жыл бұрын
The world needs a new system where our chosen leaders can't use corruption
@fredrickalfarez6875
@fredrickalfarez6875 Жыл бұрын
Drifting into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Larysa Caba, her skills set is exceptional.
@bigelbow4854
@bigelbow4854 Жыл бұрын
she's definitely the best. She keeps surprising me with results. We are planning on surprising her too. You must have heard about that.
@jasperflontes4289
@jasperflontes4289 Жыл бұрын
I think she trades for everybody I know. Met her twice at a conference in Germany, after her lecture I had to personally beg her to be my Finacial Advicer. I celebrate her strong feet.
@kayladove3191
@kayladove3191 Жыл бұрын
@@jasperflontes4289 wow this is awesome, I'm new at this how can I reach her?
@jasperflontes4289
@jasperflontes4289 Жыл бұрын
@@kayladove3191 look her up with your phone. There's no chance of missing her.
@austinwood7904
@austinwood7904 Жыл бұрын
@@jasperflontes4289 I'm also new and Also wonderingly if there is any other way of reaching out to her?
@forsetifamiliaran9759
@forsetifamiliaran9759 Жыл бұрын
Take my place ! You will all so enrich yourself !
@paransothyparamanandhan738
@paransothyparamanandhan738 Жыл бұрын
தமிழ் மக்களை கொன்று குவித்து இன்று இறைவன் கொடுக்கும் தீர்ப்பு இது , இன்னும் முடியவில்லை
@breastmilkgaming
@breastmilkgaming Жыл бұрын
Tamil in Sri Lanka are suffering too
@John_Smith_86
@John_Smith_86 Жыл бұрын
Too many Sri Lankans
@brettweerasooriya3776
@brettweerasooriya3776 Жыл бұрын
That’s not a nice comment, dickhead.
@ArunKumar-iz3do
@ArunKumar-iz3do Жыл бұрын
If India Don't wake up now or get her acts right ..some states in India are already going srilankan way but in coming 3-4 yrs India would be aNother srilanka
@techstyle123
@techstyle123 Жыл бұрын
India is a goldmine 🎉
@christophirelad9636
@christophirelad9636 Жыл бұрын
This is going to happen world wide
@tensaijuusan4653
@tensaijuusan4653 Жыл бұрын
It already is.
@DogeHandle
@DogeHandle Жыл бұрын
Inflation is a monster 👺
@marialorenavillanueva5342
@marialorenavillanueva5342 Жыл бұрын
Philippines soon to follow
@mayavanraja1656
@mayavanraja1656 Жыл бұрын
2009 war costs? Lol... why these medias are not talking about the impact of war on economy
@ramsundaram4615
@ramsundaram4615 Жыл бұрын
God save Sri Lanka, my country of birth.
@ramsundaram4615
@ramsundaram4615 Жыл бұрын
@@kristycampbell5986 fuck you , . God save. Country is ruined..
@simriths.s5976
@simriths.s5976 Жыл бұрын
Are you Sri Lankan Tamil ?
@ramsundaram4615
@ramsundaram4615 Жыл бұрын
@@simriths.s5976 yes
@MrWaterbugdesign
@MrWaterbugdesign Жыл бұрын
Typical story...acknowledge a corrupt government, then dismiss that and blame worl events. It missed the reality that that good functioning government is how people get through rough world events. Government reflect the people. It's really, really hard to implement a good government after years, or a complete history, of tribes and clans. Nationalism is a hard thing to kick start.
@longshahkonyak5697
@longshahkonyak5697 Жыл бұрын
Still why the president is not give up?the innocent people and the public of sir Lankan are suffering,is he is not a human or sleeping.he should give up.👈 May God bless to all the people of sir Lankan.!
@eshanperera8044
@eshanperera8044 Жыл бұрын
Entire country demanding his resignation. That clown seating very comfortabiliy as if nothing happen. This is what happen when you put a dictator on the president seat.
@vaughnbay
@vaughnbay Жыл бұрын
You can only consume what you produce. You can only import stuff, if you export stuff. Maybe a substantial reduction in standard of living is in order rather than a bailout.
@timewaster9640
@timewaster9640 Жыл бұрын
Best time for tourists to tour Sri Lanka...
@dekuwar4436
@dekuwar4436 Жыл бұрын
How? No gas, no electricity and more importantly no petrol. Constant protests and chaos in the street. No tourist would love to travel in this type of situation.
@timewaster9640
@timewaster9640 Жыл бұрын
@@dekuwar4436 sarcasm... 🤦‍♂️
@tominski254
@tominski254 Жыл бұрын
Hope Kenyans are learning something here
@adityalimbu4858
@adityalimbu4858 Жыл бұрын
I see my country Nepal future on this video
@syarizansulaiman6554
@syarizansulaiman6554 Жыл бұрын
World should help Sri Lanka
@Mark-xg3zn
@Mark-xg3zn Жыл бұрын
Dear International community, We need your help. Our people are dying in fuel queues, a teenager died 2 days ago because he was bit by a snake and the hospital didnt have anti-venom, kids cant face exams because there is no paper to print exam papers, farmers cant farm because there is no fertilizer, there is no milk to feed young kids. People are contemplating suicide and some have already taken thier own lives. And to the government the suffering of the people are a joke. We need your help. Visit us help bring in foreign revenue because we need it as the day when the majority of Lankans start commiting suicide in droves is not far away. 😞
@robertken92
@robertken92 Жыл бұрын
Because of the economic crisis and the rate of unemployment now is the best time to invest and make money
@alicewilliams9146
@alicewilliams9146 Жыл бұрын
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks.
@mitchellhall3405
@mitchellhall3405 Жыл бұрын
Wow I can't believe you know Mrs Becky Anderson, I thought I'm the only one she has helped through the rough market, I just made my 5th withdrawal investing with her.
@rubenjuarez8178
@rubenjuarez8178 Жыл бұрын
I keep hearing about this same Becky Anderson is her programs secured?
@williamjames1062
@williamjames1062 Жыл бұрын
Mrs Becky Anderson is practically a known worldwide she works with alot of people in different countries am from Switzerland she got alots of clients here too
@benjamincharles1305
@benjamincharles1305 Жыл бұрын
@AC Mrs.becky Anderson is always active on What's Apk 👇
@goldfinga786able
@goldfinga786able Жыл бұрын
Many of the country is yet to follow this crisis and it’s gonna get bad to worse
@rcm8881
@rcm8881 Жыл бұрын
I agree and those countries are the ones who are heavily dependent on imported goods
@woosh_hunter
@woosh_hunter Жыл бұрын
b-but they have cricket 🥺
@human8454
@human8454 Жыл бұрын
rich countries please help srilankan brothers 😢
@shukriramlee
@shukriramlee Жыл бұрын
I don't understand this world. Why we can't even distribute free food and medicine throughout the world? It's basic!
@julioduan7130
@julioduan7130 Жыл бұрын
This is the direct consequence of US interest rate hike, which caused all the money around the world went back to the USA.
@eav5754
@eav5754 Жыл бұрын
I fear the Philippines will follow due to the same corrupt government we have. The only saving grace we have is a strong economic team. But that too is questionable now.
@amandaroba6990
@amandaroba6990 Жыл бұрын
You need a debt to gdp of 80% for that to happen, right now its 63.5% so maybe years for the likely collapse
@youubik
@youubik Жыл бұрын
Sri Lanka's economic crisis ???? Have the BBC noticed that there is an economic crisis in the UK. Probably not, as they are not subject to economic forces, people are forced to pay their "licence fee"
@cropcircles5697
@cropcircles5697 Жыл бұрын
They ruined their own farming industry by trying to ban artificial fertiliser in an effort to go green. Bbc forgot to mention that for some reason....
@dsn3001
@dsn3001 Жыл бұрын
Sri Lankan here. There was no effort to go "green". govt made it up after looting the country dry to cover up the lack of Dollars to import fertilizer.
@declangaming24
@declangaming24 Жыл бұрын
@Marie Lucas Bot idiot
@paolopinoargote
@paolopinoargote Жыл бұрын
This is the fate of Ecuador.
@MrMonikura
@MrMonikura Жыл бұрын
Lack of good governance... look at singapore?
@linkondebnoyon7243
@linkondebnoyon7243 Жыл бұрын
🙂
@rajgurung7982
@rajgurung7982 Жыл бұрын
Srilanka feared from it's present and clinged to the past!!How long has the project gone!He should have learnt from XI!!There are performance gaps...and really need to close the loophole.
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