1/5
In an interview with @WIONews, former #SriLanka PM @RW_UNP says:
- Rupee likely to hit 400 rupees against $
- state-owned fuel retailer CPC has defaulted twice
- conflict between treasury and @CBSL’s monetary board resulted in policy impasse
In an interview with @WIONews, former #SriLanka PM @RW_UNP says:
- Rupee likely to hit 400 rupees against $
- state-owned fuel retailer CPC has defaulted twice
- conflict between treasury and @CBSL’s monetary board resulted in policy impasse
2/5
- economic crisis has exploded into a political crisis after violent protest near @GotabayaR’s residence
- budget needs to be changed to a social welfare instead of the current development oriented
- with the mounting protests, political system is under threat
- economic crisis has exploded into a political crisis after violent protest near @GotabayaR’s residence
- budget needs to be changed to a social welfare instead of the current development oriented
- with the mounting protests, political system is under threat
3/5
- tourism won’t pick up because Sri Lanka has been focusing on backpackers like Russians and Ukrainians instead of high end tourists
- govt political leaders have list control over bureaucratic system with public officials are not listening to the government
- tourism won’t pick up because Sri Lanka has been focusing on backpackers like Russians and Ukrainians instead of high end tourists
- govt political leaders have list control over bureaucratic system with public officials are not listening to the government
4/5
- a disorganized civil administration is prevailing
- #India’s $1 bln credit line will long last only up to 5 weeks
- some businesses are likely to close down due to lack of imported raw materials, intermediate goods
- a disorganized civil administration is prevailing
- #India’s $1 bln credit line will long last only up to 5 weeks
- some businesses are likely to close down due to lack of imported raw materials, intermediate goods
- if things get worse, even Sinhalese might come to Tamil Nadu asking for help
• • •
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