Streets of Colombo filled with protesters...
In the neighbouring country of sri lanka, the period of protest is not taking its name to stop. Once again people are protesting on the road. The streets of Colombo are once again filled with protesters. In fact, on november 14, the new President, President Ranil Wickremesinghe is going to present his first budget. people have demanded from the government they should reduce the tax so that people who are facing a financial crisis can get relief.
Sri Lanka facing an economic crisis
Sri Lanka has been battling an economic crisis for the last few years. This year is in the grip of a deep financial crisis due to a record shortfall in foreign exchange reserves. Due to this, food items including petrol-diesel, cooking gas and medicines have also become many times more expensive here. The situation is such that even sri lanka is struggling to pay for the goods imported. After the economic crisis, a crisis of employment has arisen in front of the people.
Performance in July
The protests in sri lanka were at their peak in July. The condition was that former President Gotabaya Rajapaksa fled the country. Protesters also stormed his residence and office. After that, he resigned. Ranil Wickremesinghe became the new President of the country. Now he is preparing to present his budget. This budget is being presented at a time when sri lanka is facing the worst economic crisis in the last 70 years.
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