Sri Lanka crisis: Massive public anger threatens future of Rajapaksa govt
Roots of the crisis lie in economic mismanagement by successive governments in Colombo. But the current crisis was accelerated by deep tax cuts promised by Prime Minister Mahinda Rajapaksa during a 2019 election campaign that were enacted months before the pandemic. With the country’s lucrative tourism industry and foreign workers’ remittances sapped by the pandemic,…Continue Reading