Overshadowed by other world news such as the war in Ukraine, Sri Lanka has been in a state of deep crisis. The proximate cause is the depletion of foreign currency reserves to below $1 billion which has resulted in the country being unable to pay for the imports of some of the most basic commodities like fuel for both vehicles and cooking, fertilizer, and essential foodstuffs such as milk and sugar. Surgeries have been suspended due to a shortage of medical supplies. As a result of the shortage of fuel, there have been daily power blackouts lasting up to 13 hours (except in the capital city Colombo because of course the wealthy who live in those areas must never be inconvenienced) and long lines of people waiting for hours and sometimes even overnight trying to purchase fuel and food and even then coming up empty.
[Read more…]
