Discover and read the best of Twitter Threads about #OccupyGalleFace

Most recents (6)

I promise I'll try my best to make this not-boring, but let's talk taxes in Sri Lanka.

#SriLanka #SriLankaEconomicCrisis #lka (also #GotaGoGama #OccupyGalleFace #අරගලයටජය #GotaGoHome2022 for reach)

(1/24)
Our tax revenue before 2019 was about 11-12% of GDP. After the tax cuts, this came down to around 8%. Both in comparison to around 12-14% in non-debt expenditure (about 16% in 2019 due to election goodies)

Explained how this was a problem here


(2/24)
In an attempt to make this easier to digest, going to bring back Rehan (our rich guy), Pasan (who I've made less poor than he was), and a new fellow Ayesh who's basically in poverty.

Rehan earns 500k a month. Pasan earns 50k. Ayesh earns 15k.

(3/24)
Read 24 tweets
With the recent #protests, national attention has turn the events of #OccupyGalleFace. But, I doubt many people truly understand #galleface significance and #history. Today, I want to take a look at it's #past and see what we can #learn.

#EconomicCrisisLK #history #GoHomeGota
Originally, Galle Face was a strategic military location for the Dutch and was named "Gal Gate" as the gateway to Colombo Fort. In the 1800s, it covered a massive area and was home to many recreational activities - cricket, racing, golf, and, rugby - that drew large crowds.
On May Day 1933, Galle Face served as a location for labor strike led by future mayor, A. E. Gunasinha. Men wore white sarongs and red striped banians and sang songs promoting the working class. Ultimately this would lead to May Day becoming a national holiday.
Read 9 tweets
Let me try and explain the Uganda banknote mess as much as I can and how it relates to Sri Lanka and how it doesn't.

#SriLanka #SriLankaEconomicCrisis #lka (also tagging #GotaGoGama #OccupyGalleFace for the reach)

(1/22)
As I understand it, there are 2 separate issues here, which may be linked together in a way we don't yet know.

1. Uganda's own money laundering issues
2. De La Rue printing Ugandan money and SLA airlifting it

(2/22)
Lets start with Uganda's own issues.

Uganda has had money laundering concerns for a while, and especially terrorist financing issues. This is unfortunately true for some countries in Sub Saharan Africa.

(3/22)
Read 23 tweets
I'm going to do a single political thread on the #GotaGoGama #GoHomeGota #OccupyGalleFace protest and a threat it faces. Might be contentious, but please give alternative views.

#SriLankaCrisis #SriLankaEconomicCrisis #SriLanka

(1/20)
Starting off with a few disclaimers.

I think the protests are great for Sri Lanka, I think they've done permanent good already, I think they should continue.

I'm also not a political/social expert - so take this from that POV.

(2/20)
The response to the poll confirms something I was concerned about - that there is space for the protest to be attacked based on perceptions of elitism

If a Twitter poll of what protestors think is like this, I feel actual sentiment might be worse

(3/20)

Read 20 tweets
What will happen to Sri Lanka, economically, over the next few months, especially to its people?

The answer isn't pretty, but it's something to prepare for.

#SriLankaProtests #SriLanka (Also tagging #GotaGoGama #GoHomeGota #OccupyGalleFace #අරගලයටජය for reach)

(1/11)
Let's assume there's some sort of political stability at some point. What that is doesn't really matter too much to this thread's outcomes, it just extends the timeline if it's delayed.

With that out of the way - what will SL need to come out of this?

(2/11)
As long as we keep engaging with the IMF and our creditors, it should hopefully bring enough confidence that there will be some inflows (bilateral, remittances, export conversions, aid) that allow the urgent essential shortages to ease across the next month or two.

(3/11)
Read 11 tweets
JOIN US as we mark 31 days of continuous People’s Protest, at Kohuwela junction on Thurs March 31st!💪🏾

It’s heartening to see so many people’s protests not affiliated to political parties over the weekend! It’s time the people realised their power!

#takebackourpower✊🏾 #lka ImageImageImage
Some captures from the Kandy People’s Protest yesterday (Wed)!

#takebackourpower✊🏾 #lka ImageImageImageImage
Kollupitiya Peoples Protest continues - some captures from yesterday💪🏾

#takebackourpower✊🏾 #lka ImageImageImageImage
Read 944 tweets

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