A decision in April last year by President Gotabaya Rajapaksa to ban all chemical fertilisers drastically cut crop yields and although the government has reversed the ban, no substantial imports have yet taken place.
"There is no point in talking about how hard life is," said A.P.D. Sumanavathi, a 60-year-old woman selling fruit and vegetables in the Pettah market in Colombo, the commercial capital."I can't predict how things will be in two months, at this rate we might not even be here." "Without gas, without kerosene oil, we can't do anything," he said."Last option what? Without food we are going to die. That will happen hundred percent."
The economic crisis has come from the confluence of the COVID-19 pandemic battering tourism, rising oil prices and populist tax cuts by the government of President Rajapaksa and his brother, Mahinda, who resigned as prime minister last week. The Group of Seven economic powers supports efforts to provide debt relief for Sri Lanka, group finance chiefs said on Thursday in a draft communique from a meeting in Germany after Sri Lanka defaulted on its sovereign debt.
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