Posted on 08/01/2022 7:40:51 AM PDT by Oldeconomybuyer
Colombo (AFP) – Sri Lanka issued an urgent appeal on Monday to tackle rapidly spreading malnutrition among children as its economic crisis leaves nine out of 10 people dependent on state handouts.
The bankrupt state, grappling with Sri Lanka's worst economic crisis since independence, was unable to sustain welfare.
Sri Lanka's inflation was officially measured at 60.8 percent in July, but private economists say it is well over 100 percent and second only to Zimbabwe.
The country ran out of foreign exchange to finance even essential imports late last year and Colombo defaulted on its $51 billion foreign debt in mid-April.
Under embattled new President Ranil Wickremesinghe, the government is now in bailout talks with the International Monetary Fund.
The country's 22 million people endure lengthy daily power cuts, long queues for fuel and shortages of staple food and medicines in a country that once had South Asia's best social indicators.
(Excerpt) Read more at france24.com ...
Sue the reptile Klaus Schwab
Yes, the WEF members should pay for this. They broke it, they pay for it.
Best I can do is sell you some discount windmills and solar panels
Famine and mass murder is part of the WEF great reset plan. I’m sorry, that wasn’t clear?
It’s governments 100%. This one decided to go green.
The Soviets thought they could develop Siberia with prison labor.
Yes, Western Green idiots and the WEF crowd were cheering and supporting from the sidelines, but if you dig a little, you will find Government, utopian socialism and the Sri Lankan people themselves, are responsible for their problems
There is no mention in the article of what caused this tragedy. No mention of Sri Lanka’s disastrous experiment with “green farming”.
Oh, well. Maybe the author just ran out of typewriter ribbon (me showing my age there). Or maybe the global elite don’t want us to know the details.
I can’t decide which one it is.
wef great reset is working as planned
Lol. NOOOOOO! WE need all the windmills and solar panels we can get /s
International Monetary Fund = USA Taxpayer
But their ESG score is great!
“I want more free stuff! Let the rich pay for it!”
It’s terrible what those greenies have done to that island. One of my favs. I sure do miss my black tea.
Build Back Better Bankrupt Beggars
Sorry, we don’t have any food for you.
We went green and stopped using fertilizer.
Pretty much, yes. The IMF is also the bit to the horses mouth.
About 5 years ago the government decided they could farm without fertilizer.
This will be us next year if repubs don’t do something.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.