Sri Lanka under China's debt: Inflation rate in the country is 57%

Sri Lanka under China's debt: The inflation rate in the country is 57%, will reduce one-third of its army to save the economy

Tue, 24 Jan 2023 10:34 AM (IST)
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Sri Lanka under China's debt: Inflation rate in the country is 57%

The crisis of Sri Lanka, which is in China's debt, is not reducing. Inflation is running at 57%. Due to financial constraints, there is a huge shortage of food and drink as well as fuel and medicine. Due to this Sri Lanka has been forced to compromise on security. It will reduce the current force of two lakh soldiers by one-third. It will keep around 1.35 lakh jawans only. Not only this, but by 2030, it will reduce the number of jawans to 1 lakh.
However, in this regard, the government says that by taking the step of reduction, it is preparing a technically and strategically strong and balanced defence force. Sri Lanka will also cut its annual budget by 6% as part of measures to recover from the crisis.
Meanwhile, Sri Lanka has got a big relief from the visit of Indian Foreign Minister S Jaishankar. His arrival in Colombo cleared the way for Sri Lanka to get a loan from the International Monetary Fund (IMF). On the other hand, Sri Lankan government sources say that China came under pressure as soon as Jaishankar arrived. He has also taken steps toward providing relief to Sri Lanka.
The painful condition of Sri Lanka due to poverty is also being exposed. Food is not being distributed to children in schools. Schools are asking parents not to send their children to school on an empty stomach and without lunch. According to Anoma Sriyangi Dharmavardhane, vice-principal of Horawala Maha Vidyalaya in Mathugama, southern Sri Lanka, most children studying in primary classes are coming home hungry.
Every day 20-25 children faint in prayer. We depend on donations for the midday meal. According to S. Vishwalingam, president of the organization Food First Information and Action Network, 20% of children in Sri Lanka are currently reaching school without breakfast. Here, there is a crisis in front of the parents as well.
The condition of women in Sri Lanka who are pregnant is also bad. Some NGOs say that 10% of pregnant women in the country are suffering from malnutrition. They are not getting nutritious food let alone bread for two times. Kanchana, who is going to give birth to a child for the second time, told that the doctor has said that her health has deteriorated. If they do not pay attention to food and drink, then the development of the child growing in their womb will be affected.
The condition of patients in Sri Lanka is bad. People suffering from serious diseases like cancer are not getting medicines. There is a huge shortage of medicines in the main cancer hospital. Vasan Ratnasingam, the spokesperson of the Government Medical Officers Association, said – Even basic medicines like paracetamol, vitamin C and saline are hardly available in the OPD. Specialist facilities such as cancer and eye hospitals are run on donations.

Muskan Kumawat Journalist & Writer