Sri Lanka gives government workers extra day off a week

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'We could have managed this situation without this kind of suffering' Newsnight's BenChu_ exclusively speaks to Sri Lanka's central bank governor on how the country could have avoided its current economic turmoil if it had gone to the IMF sooner

Sri Lanka is giving government officials an extra day off a week to encourage them to grow food, amid fears of a food shortage.It comes as the island nation, home to around 22 million, faces its worst economic crisis in more than 70 years.

Sri Lanka is struggling to pay for critical imports such as food, fuel and medicine as it faces a severe shortage of foreign currencies. Late on Monday, the government approved a proposal for public sector workers to be given leave every Friday for the next three months. It said the decision was partly to help workers who are facing difficulties getting to work due to fuel shortages as well as to encourage them to grow fruit and vegetables to help feed themselves and their families.

"It seems appropriate to grant government officials leave for one working day of the week and provide them with the necessary facilities to engage in agricultural activities in their backyards or elsewhere as a solution to the food shortage that is expected to occur in the future,"

 

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BenChu_ Keep them away from it. Bojo & Sunak will be calling on the IMF B4 the end of the year. Sadly to doubt Ethan Hunt will again have been Disavowed & we’ll again become the Poor Man of Europe. God Help the Working Poor, Pensioners & Those on Benefits😡😷

…the Governor also told me that he thinks China will agree to a write down in its loans to Sri Lanka - seen as a crucial precondition of an IMF bailout Website write up here 👇

rangaba BenChu_ Could Sri Lanka have managed lkr depreciation during lockdowns which there were, 1 year ago? would imf austerity have not caused this same crisis one year ago?

lewis_goodall BenChu_ Is there any example of the IMF actually helping in even the medium term?

lewis_goodall BenChu_ Usually if you take ‘help’ from the IMF your country is going to take one very bad series of further kickings by having to follow their advice

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