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Home Sri Lanka On The Brink Of An Economic Dictatorship These are Samurdi (welfare) recipients. With inflation set to balloon, there would be many more seeking state assistance to put food on their tables.

These are Samurdi (welfare) recipients. With inflation set to balloon, there would be many more seeking state assistance to put food on their tables.

President Sirisena’s action resulted in adverse travel advisories being issued to citizens of many countries. Tourism stands at number three in terms of foreign exchange earnings for Sri Lanka, and that sector is now in danger of floundering and by extension, the country will be hard put to pay back international debts.
The Estate sector has been agitating that their daily wage be increased to Rs.1000 which the private sector Tea Estate owners have been resisting. The current crisis will severely affect private sector investments too and have a negative impact on the economy.

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