The Sri Lankan government has announced that school exams will be postponed due to a shortage of papers and ink as imports have been affected due to the economic crisis in Sri Lanka.
The Sri Lankan government has announced that school exams will be postponed due to a shortage of papers and ink as imports have been affected due to the economic crisis in Sri Lanka.
Sri Lanka is facing a severe economic crisis due to the decline in foreign exchange. Meanwhile, popular protests have intensified over the past few days, condemning the rise in prices and demanding the resignation of President Gotabhaya Rajapaksa.
In sri lanka, the corona epidemic paralyzed tourism and turned the economy upside down. As a result, the foreign exchange inflows to sri lanka were severely affected. As a result, GDP fell to an all-time low of minus 16.3 percent. The value of the Sri Lankan currency has also fallen sharply due to declining foreign exchange.
Meanwhile, as the value of money has fallen, so have the prices of groceries. In particular, the price of lentils has gone up by Rs 250 per kg, sugar by Rs 215 per kg, potatoes by Rs 300 per kg, large onions by Rs 400 per kg and black gram by Rs 2,000 per kg. Rising prices have made it difficult for people to afford even basic necessities.
According to media reports, 90% of restaurants in the country have been closed due to the sri lanka gas cylinder blockade and only wood-burning restaurants are operating. In this context, protests are taking place in the capital Colombo besieging the Presidential Palace demanding the resignation of President Gotabhaya Rajapaksa, who is responsible for the economic crisis in Sri Lanka. During the protest, there were rumors that photographs of President Gotabhaya Rajapaksa and Finance minister Basil Rajapaksa were engraved on fire.
The government has announced that exams in schools will be postponed due to the shortage of papers and ink due to the economic crisis. Earlier, the government of india announced a loan assistance of Rs. 7,500 crore to sri lanka to address the economic crisis.
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