Inside Sri Lanka's economic crisis - BBC Newsnight

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BBC News

BBC News

2 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: 634
@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 2 жыл бұрын
Corruption is the prime reason. Mismanagement is the second reason.
@RedDragon-yq7ro
@RedDragon-yq7ro 2 жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@alexindustries1991
@alexindustries1991 2 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 2 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 2 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 8 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😂❤🎉🎉
@johnxina987
@johnxina987 2 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 2 жыл бұрын
This is self inflicted by sri lanka?
@jirachi-wishmaker9242
@jirachi-wishmaker9242 2 жыл бұрын
@@bryantay2900 yes to "promote" organic farming.
@tp8615
@tp8615 2 жыл бұрын
Copy pasta!
@ManMan-ul1pn
@ManMan-ul1pn 2 жыл бұрын
@@bryantay2900 yep
@DAndyLord
@DAndyLord 2 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.
@indikawijenayake2904
@indikawijenayake2904 2 жыл бұрын
This country has been dragged to this situation by a corrupted family.
@RedDragon-yq7ro
@RedDragon-yq7ro 2 жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@indikawijenayake2904
@indikawijenayake2904 2 жыл бұрын
@@nba1942 nice try to get views stupid!!!
@Mark-xg3zn
@Mark-xg3zn 2 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 2 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 2 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.
@AnimeLover-fi3wf
@AnimeLover-fi3wf 2 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 2 жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@humancorruption9718
@humancorruption9718 2 жыл бұрын
Why are you not growing your own food in buckets ???
@yeeet1198
@yeeet1198 2 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 2 жыл бұрын
Prayers from India, 🇮🇳.Hope Srilanka will recover soon from this problems.
@888ssss
@888ssss 2 жыл бұрын
it wont recover util its gets rid of central banking criminals.
@simriths.s5976
@simriths.s5976 2 жыл бұрын
@@888ssss and Chinese influence.
@jirachi-wishmaker9242
@jirachi-wishmaker9242 2 жыл бұрын
@@simriths.s5976 They owe Japan same amount as China.
@simriths.s5976
@simriths.s5976 2 жыл бұрын
@@jirachi-wishmaker9242 they owe us also but we'll forgive them.
@jirachi-wishmaker9242
@jirachi-wishmaker9242 2 жыл бұрын
@@simriths.s5976 Our loan 6% Japan 10% China 10%.
@davidebiember607
@davidebiember607 2 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 2 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
@nanamartynova919
@nanamartynova919 2 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.
@romanvladimirovichpetrikov4947
@romanvladimirovichpetrikov4947 2 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 2 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 2 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
@sojournersunrise2290
@sojournersunrise2290 2 жыл бұрын
~Prayers~
@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
@jeca3865
@jeca3865 2 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
@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.
@syedshabazhaidernaqvi5576
@syedshabazhaidernaqvi5576 2 жыл бұрын
Thank you
@mohamedtrevino8709
@mohamedtrevino8709 2 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
@abuahmed6058
@abuahmed6058 2 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 2 жыл бұрын
Invest in solar panels and batteries, Purchase electric cars, bikes etc.
@kristycampbell5986
@kristycampbell5986 2 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
@JamesHahnII
@JamesHahnII 2 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 2 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
@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.
@walterrodrigues9077
@walterrodrigues9077 Жыл бұрын
Great 😊
@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
@RangithaBalasuriya
@RangithaBalasuriya 2 жыл бұрын
In fact, today the queue hours have increased to 40 from 8. Very sad.
@nba1942
@nba1942 2 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
@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
@Bullcutter
@Bullcutter 2 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 2 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
@embreis2257
@embreis2257 2 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?
@jirachi-wishmaker9242
@jirachi-wishmaker9242 2 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
@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?
@undisclosed_branding9714
@undisclosed_branding9714 Жыл бұрын
Such beautiful people. I feel horrible for them
@darleneburns8035
@darleneburns8035 2 жыл бұрын
This is not good it will only get worst
@mitziamit751
@mitziamit751 Жыл бұрын
Pray for Sri Lanka I will be starting online school again because of the fuel crisis 🙏
@englishforya
@englishforya 2 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 2 жыл бұрын
LifeForYa
@fazaldgx6822
@fazaldgx6822 Жыл бұрын
Nice
@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
@rajk2169
@rajk2169 2 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!
@nonine5304
@nonine5304 2 жыл бұрын
Feel pity for the Srilankans... God bless
@nonine5304
@nonine5304 2 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
@maryloutalabon7082
@maryloutalabon7082 Жыл бұрын
My goodness what happen to Sri Lanka
@bulthaosen1169
@bulthaosen1169 2 жыл бұрын
That rabies case really drove home the point.
@mohamedtrevino8709
@mohamedtrevino8709 2 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 2 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 2 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.
@user-td1pt3dv9w
@user-td1pt3dv9w 2 жыл бұрын
Благодарность Вам студии за репортаж это будет вокруг скоро даже самых золотых ископаемо странах !!!
@nothuman3083
@nothuman3083 2 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 2 жыл бұрын
Very true. War is coming to this world and I can not wait.
@johnmatthew536
@johnmatthew536 2 жыл бұрын
Saint Joseph comfort of the afflicted Pray for us . . .
@stevenssendegeya7945
@stevenssendegeya7945 Жыл бұрын
Sad
@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.
@thetooba8758
@thetooba8758 Жыл бұрын
MAY GOD BLESS YOUR COUNTRY. LOVE FROM PAKISTAN 🇵🇰❤️
@shayanahmad5439
@shayanahmad5439 Жыл бұрын
This rhymes so much with the situation in Pakistan.
@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...
@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...
@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 2 жыл бұрын
this is the future ...
@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.
2 жыл бұрын
Why just some people going more rich while most people of world going down, more poor?
2 жыл бұрын
@@wocky7940 I already am and be you to!
@dhesgonzales9840
@dhesgonzales9840 Жыл бұрын
Please have mercy on them..
@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.
@julioduan7130
@julioduan7130 2 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.
@goldfinga786able
@goldfinga786able 2 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
@freeyoutubemusic1779
@freeyoutubemusic1779 Жыл бұрын
Ohh
@lilawathikumari5586
@lilawathikumari5586 2 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 2 жыл бұрын
Why do u have to fear ??? you are part of Sinhalese majority...... You should have any fear dear
@gohan3243
@gohan3243 2 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
@Abiwick
@Abiwick Жыл бұрын
3:56 He's Father is also one of Sri Lankan president😂
@anycyclopedia
@anycyclopedia 2 жыл бұрын
1 Family destroyed millions of families
@rajk2169
@rajk2169 2 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.
@cgbhc6667
@cgbhc6667 Жыл бұрын
I hope it gets worse for them. Perhaps the theft scams will stop.
@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.
@pemawangchuk6500
@pemawangchuk6500 Жыл бұрын
Get well soon our Buddhism brother be claim and be happy.🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹
@ceylon4623
@ceylon4623 2 жыл бұрын
#gohomegota
@human8454
@human8454 Жыл бұрын
rich countries please help srilankan brothers 😢
@jimflagg4009
@jimflagg4009 Жыл бұрын
Just maybe you should not have cut taxes.
@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"
@isurusrinath9904
@isurusrinath9904 2 жыл бұрын
#gohomegota2022 #un #ගෙදරපලගෝටා
@nicks2106
@nicks2106 Жыл бұрын
Corruption will destroy all society
@junedjujun3000
@junedjujun3000 2 жыл бұрын
💥💥💥💥🔥🔥🔥
@nba1942
@nba1942 2 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
@sandrarichardson4639
@sandrarichardson4639 Жыл бұрын
We should stand strong as indigenous peoples 👭&go" to the farms®
@syarizansulaiman6554
@syarizansulaiman6554 Жыл бұрын
World should help Sri Lanka
@robertken92
@robertken92 2 жыл бұрын
Because of the economic crisis and the rate of unemployment now is the best time to invest and make money
@alicewilliams9146
@alicewilliams9146 2 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 2 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 2 жыл бұрын
I keep hearing about this same Becky Anderson is her programs secured?
@williamjames1062
@williamjames1062 2 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 2 жыл бұрын
@AC Mrs.becky Anderson is always active on What's Apk 👇
@stevekima8881
@stevekima8881 Жыл бұрын
The world needs a new system where our chosen leaders can't use corruption
@christophirelad9636
@christophirelad9636 Жыл бұрын
This is going to happen world wide
@tensaijuusan4653
@tensaijuusan4653 Жыл бұрын
It already is.
@OFWKalinga
@OFWKalinga Жыл бұрын
🤔🤔🤔
@DogeHandle
@DogeHandle Жыл бұрын
Inflation is a monster 👺
@madhumitaroy4756
@madhumitaroy4756 2 жыл бұрын
Cycle is must for shrilanka manual rikshaw is must not fuels i am wanting a manually rikshaw is possible then it's use also be good because electricity bill gas bill groceries bill it's uncontrollable hiking
@madhumitaroy4756
@madhumitaroy4756 2 жыл бұрын
@@nba1942 economically knowledge Economically unstability is not good no one wants to create it or ignore to it but my this knowledge now absolutely refused by some people's timely understandins normally people want to getting a stable on economy level then some improvements first time more people wanted to a unstable economy i am really how much possible it is doings works to achieved a unstability this is going on to me a unbelievable experiences
@toastyburger9665
@toastyburger9665 Жыл бұрын
I say the farmers should restart and use fertilizers for the people and their own good, but if they were to do that the people must support it
@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!
@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.
@fredrickalfarez6875
@fredrickalfarez6875 2 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 2 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 2 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 2 жыл бұрын
@@jasperflontes4289 wow this is awesome, I'm new at this how can I reach her?
@jasperflontes4289
@jasperflontes4289 2 жыл бұрын
@@kayladove3191 look her up with your phone. There's no chance of missing her.
@austinwood7904
@austinwood7904 2 жыл бұрын
@@jasperflontes4289 I'm also new and Also wonderingly if there is any other way of reaching out to her?
@adityalimbu4858
@adityalimbu4858 Жыл бұрын
I see my country Nepal future on this video
@paolopinoargote
@paolopinoargote Жыл бұрын
This is the fate of Ecuador.
@pemawangchuk6500
@pemawangchuk6500 Жыл бұрын
From Bhutan 🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹🇧🇹
@mayavanraja1656
@mayavanraja1656 Жыл бұрын
2009 war costs? Lol... why these medias are not talking about the impact of war on economy
@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.
@longshahkonyak5697
@longshahkonyak5697 2 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 2 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.
@MrRedsjack
@MrRedsjack Жыл бұрын
What's the average salary in Sri Lanka?
@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
@MrMonikura
@MrMonikura Жыл бұрын
Lack of good governance... look at singapore?
@internetjunkie5241
@internetjunkie5241 Жыл бұрын
Hold my beer a Zimbabwean has entered the chat .
@Mark-xg3zn
@Mark-xg3zn 2 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. 😞
@kailashpatirai
@kailashpatirai Жыл бұрын
If child birth is high then shortage begans and crimes and unrest also begans
@cropcircles5697
@cropcircles5697 2 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 2 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 2 жыл бұрын
@Marie Lucas Bot idiot
@linkondebnoyon7243
@linkondebnoyon7243 2 жыл бұрын
🙂
@ganesselva5970
@ganesselva5970 Жыл бұрын
First came the political bankrupt; followed by economic.
@nevfancy777
@nevfancy777 2 жыл бұрын
#gotagohome2022
@888ssss
@888ssss 2 жыл бұрын
print unbacked money to play landlord = get food and fuel inflation.
@kevinebenezer4601
@kevinebenezer4601 Жыл бұрын
Recognize victims of system are necessary they were enjoying investigation but not happily to give explanation. Okay is that educated people?
@nba1942
@nba1942 Жыл бұрын
1 Kevin Ebenezer 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
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