Severe economic downturn in Sri Lanka: Demand for President's resignation

Newsofdhaka24.com ; Published: Thursday, March 18, 2022, 12:37 AM

Severe economic downturn in Sri Lanka

Sri Lanka has been in a recession since the beginning of the Corona epidemic. The country has not seen such a crisis in the last few decades. In such a situation, the anti-government movement is intensifying and the common people have taken to the streets. Many are demanding the resignation of President Gotabaya Rajapaksa..

On Tuesday, March 15, thousands of people gathered outside the Colombo president's office to protest. Sri Lankan opposition United People's Forces led the protest..

Opposition leader Sajith Premadasa spoke on the occasion. He said that the movement has started to remove the government. "You have been struggling for two years," he said. Do you want more trouble? He also termed the present government as an evil force..

Protesters have accused the government of mismanaging the economy and creating a foreign exchange crisis. They also complained that there was a shortage of fuel, cooking gas, powdered milk and medicine in the country.
It is learned that due to the reduction in the amount of foreign reserves, the government of the country is struggling to pay the import fee. Lack of adequate fuel has affected transportation. Meanwhile, load shedding has also increased..