Saturday, May 28, 2022

Sri Lanka’s tourism industry is run out of money, hotels are deserted, foreign visitors are not coming

Crisis in Sri Lanka: The situation in Sri Lanka is deteriorating day by day, with inflation weakening as the currency weakens. The financial crisis has also had a serious impact on the tourism industry. While giving information, a tourist guide from Colombo said that the hotels are completely empty and the beaches are deserted. He says tourists have not been able to come in the last two months due to instability and rising prices.

At least nine people have been killed and more than 300 injured in clashes between pro-government and anti-government protesters in Sri Lanka. Violence erupted in Sri Lanka after supporters of former Prime Minister Mahinda Rajapaksa attacked anti-government protesters.

Rajapaksa resigns as PM

Mahinda Rajapaksa resigned on Monday (May 9) amid a severe economic crisis in Sri Lanka. Hours earlier, his supporters attacked anti-government protesters, forcing authorities to deploy troops in the capital and impose a nationwide curfew.

Wickremesinghe appoints new Prime Minister

Ranil Wickremesinghe, a four-time Prime Minister of Sri Lanka, was on Thursday (May 12) appointed by President Gotabaya Rajapaksa as the country’s new Prime Minister. The United National Party (UNP) has only one seat in parliament.

Most opposition parties do not want to join the government.

Most opposition parties in Sri Lanka announced on Friday that they would not join Prime Minister Ranil Wickremesinghe’s interim government but would support external economic policies to improve the debt-ridden country.

Sri Lanka is facing its biggest financial crisis

Sri Lanka has been going through the most severe economic crisis since independence from Britain in 1948. The crisis is mainly due to the shortage of foreign exchange, which means the country cannot afford to import staple food and fuels.

Thousands strike in Sri Lanka since April 9 The prices of essential commodities have skyrocketed.

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