What’s happening in Sri Lanka? | Start Here
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- čas přidán 15. 05. 2022
- “It’s an economic crisis that was brought on by a political crisis, and now we're just generally in crisis.” #AJStartHere with Sandra Gathmann explains what’s going on in Sri Lanka and why many are blaming President Rajapaksa and his family.
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#SriLanka #SriLankaProtests #GotabayaRajapaksa
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I'm a Young Sri Lankan, I watched this episode when the Taliban took over Afghanistan, I watched this when Russia invaded Ukraine, and now I'm watching this when my country is falling apart.
@@akeshshi9137 .. or is it the past colonialists meddeling in the affairs of smaller nations in order to boost their controlling stakes in those regions against china's emergence as a economically strong liberator...
@@akeshshi9137 .. I think subba samy is the mole.. ' calling the shots for the despots & his handelers..
@Gayatri Sahu & then yindia is the ultimate target .. they just don't get uncle scams asylum's agenda yet.. time will tell ...' look at whats up in europe for not collectively sorting out a common foreighn policy .. each nation is being held to ransom to stop buying russian oil & gas or face santions ..alternatively buy us gas for $ .. ' just to keep a dead empire from crumbling & an underhand handover to pax Judaica...
@Gayatri Sahu next is india
Where is rss modi hindoo bodisena now in srilanka 😂😂😂
I'm a Tamil, I left this country when I was 5 due to civil war. I'm very saddened by what has happened and what is happening. MY hearts go out to the people of this nation, we hope everyone can come out of this and prosper. What a beautiful country.... it's a shame.
Where do you live now?
Thanks for the support brother
What was the outcome of the civil war?
What is the political status of the Tamils in Sri Lanka now? Has there been a Tamil president in Sri Lanka?
Where is rss modi hindoo bodisena now in srilanka 😂😂😂
@@iamnormal8648 Tamils are still treated as second class citizens as Tamils are not even allowed to commemorate their own dead. Tamil peoples’ land are taken and many Hindu temples have been destroyed and replaced with Buddhist temples. Sri Lanka needs to stop, with the first step kicking Rajapaksha out!
Such a beautiful country, such wonderful people warm and friendly. Hope this passes soon and hope for better days ahead
in my eyes as a foreigner from southeast asia, sri lanka is a country with a lot of potential and has the highest quality of life in south asia and is quite popular to visit, and entered in my traveling radar. But in the last year bad news has started to emerge about the Sri Lankan economy. I don't know what really happened but wish you all the best ❤️
Sri Lanka is richer than my country Philippines but lower than prosperity index so I think Sri Lanka is still good and in mediocre
Sri Lanka will get rebuilt, that is the kind of people we are...keep visiting this paradise. This is just temporary, despite it being the most difficult period in the last 70 something years...do support, tourism helps bring in the dollars highly required.
@@nishanthidesilva9762 yes If I grew up it's my dream to travel the world and I will try your Tea.
right time to visit is in 2 months. their currency has crashed . so your currency will fetch more value. example turkey is cheaper than living cost in india in certain tourist spots.
This is what Dynasties do to developing countries. So much potential destroyed by a handful of powerful families.
I'm from Sri Lanka and this video perfectly sums up our situation. The Rajapakses and all the other corrupt politicians in parliament have stolen money from Sri Lankans via commissions taken from foreign projects. This is why they encouraged very expensive Chinese infrastructure projects so they could earn off them on the side. Their shady money is in foreign bank accounts and if it could be returned to the SL economy it would help at least a little.
Why did you chose them then? Ethno nationalism is destroying sri lanka now.
Sri Lanka's debt to China only makes up 10% of your entire debt structure, same as Japan, WAY less than the 47% your government borrowed on the open market
Shame Shame Gota
Recovery of the stolen funds would help more than “a little”. It is claimed to be above 18 billion.
Sri Lanka governments and population have been accepting of institutionalised corruption at all levels for generations. All the Rajapaksa’s have done is refine the art of corruption. External factors such as war and disease brought them undone. There will be more of the same until Sri Lankans change their attitude to corruption.
@@C02045 Agreed.
I have a friend how lives there, she is literally the nicest happy go lucky person I’ve meet in my life. She doesn’t deserve to go though something like this. I hope everything works out fine for her sake.
Thank you.. We are nice people.. But our governence is bad.. Thanj you again for your comment..
@@The_Mind_Journey No problem, and I o know you are nice people. Let’s just hope things work out
I'm sorry it won't, also numerous other nations are next
@@bryantc2899 You don’t have too be a downer
This is what exactly happened in Sri Lanka. All those corrupted politicians should face justice! Unfortunately justice system in Sri Lanka is controlled by these politicians.
Everything must change .. & will as long as all the people are togeather ...
@Kwame Kimoko these are the times .. if people are united they can force changes .
@Kwame Kimoko if people are united they can throw away any corrupted government. Sri Lanka is a good example.
@Kwame Kimoko thats the old name .. ' the new name is ' U ncle S cams A sylum.. ..ha ha ..
We Sri Lankans had the best living standard in South Asia. Unfortunately it was funded through debt. We have consumed more than we can afford. And now it is time to pay the dues. We will rise from the crisis 💪
Please visit North Korea
Austrian economics
The IMF will bail you out, and the way they do it is austerity. Took Greece 10 years to come good. Lets see if you still vote for crooked gov at next election.
@@arasanselvarajah363 solely on ethnic lines.
Where is rss modi hindoo bodisena now in srilanka 😂😂😂
There is a similar story of political dynasties and identity politics in Mauritius where I live. What never fails to amaze me is that the people keep re-electing politicians from the same families and then blame the government for corruption, nepotism and bad administration. As the quote from Einstein goes, 'the very definition of insanity is doing the same thing over and over again expecting a different result'. Unfortunately in Mauritius there isn't a strong opposition and as a result power has mainly lied between two political families since independence in 1965 but I would say that our politicians are not as terrible at public administration when compared to Sri Lanka.
Actually it was still kind of okay in Sri Lanka before the COVID 19 pandemic. We had problems with corruption but on the other hand government invested heavily in free healthcare and education. As a result Sri Lanka had a higher Human development index compared most Asian countries.
Definitely Mauritius has better politicians than Sri Lanka at least they are not rogues. Another reason is you're geographically at better position, unlike Sri Lanka which was always under a big bully called big brother...😂
@@Dodilafir we helped them alot but they hate us so what we can do for them
@@Dodilafir That's the reason the same brother gave them 3.8 billion dollars until now.
@@chandrakanthveluri9860 The amount of destruction that big brother has caused from 1979 to 2009 was worth in Trillions, 3.8 billion is peanuts and fyi it is given on a loan and to get a foothold in our country to scuttle Chinese investments.
As a Malaysian who has a simlar management style to the current Sri Lankan government, my leaders should be paying attention to what has happened to Sri Lanka and see that corruption and mismanagement will bring the downfall of a nation. The sad thing is, the politicians will not be one that is suffering, it is the people. My hearts and prayers go to the hardworking Sri Lankans.
Najib, eh? Cant wait for our highspeed railway to be a massive flop and not bringing money at all making Malaysia to owe China more and more.
Yeah i knew that Malaysia also had the same situation but somehow they over came right
@@moarx25 we didn’t overcome anything, it’s been this bad for decades. If we don’t change, we might end up like Sri Lanka
@@moarx25 we dont over came right, it's just "not yet"
@@finnkyrie4569 wottt ?? Ohww really? 👀
Thank you. I could never have understood it without this video that summarises many years
As a Sri Lankan, Rajapaksha family stole the money of people, they're took more than 3 billion $
WHAT'S HAPPENING HERE..TWO WORDS GREED AND CORRUPTION. BOTH HAVE BEEN ONGOING FOR DECADES AND FINALLY IT CAUGHT UP WITH THOSE BENEFITING FROM THEM. AND WHO SUFFERS, THE CITIZENS!!!
Rajapaksa's were trying to continue their rule by his son, his sons son and so on but corrupt leaders are always doomed to die
@MSD Group corruption is much worse in countries like India and China, rich and developed countries don't have nearly as much corruption in every level of govt like us.
Please visit North Korea
Rajapakshe family is doomed
Sri Lanka deserve even more worse. They persecute the Muslim.
Rajapakses did massive projects and developed highways. Ended 30 years tamil war. They did lot but unfortunately NGO supported foolish youtubers and fb maniacs trying to destroy the country. Nepotism is everywhere. How abou Joe Bidens son??
Thank you for summarised and explained the issues. Very easy to digest and understood. I always enjoy and looking forward to watch your program.
Very informative video. Thanks for explaining it all.
Once upon a time, our country was a paradise and called the pearl of the Indian Ocean.
In present time , sad to say but its obvious that our country is almost sunken in the ocean of debts because of few greedy and selfish politicians.
Every mother has different type of children of her own. Likewise, my motherland too has her good and bad children.
Right now, we feel very desperate and helpless but by the help of God and good people we will be back to normal.
Thank you for your vedio. 💐❤🙏🇱🇰🇱🇰🇱🇰🇱🇰🇱🇰🇱🇰🇱🇰🇱🇰🇱🇰
@@zeinamarkabawi6928
Thank you Zeina for your kind words and prayers. It means a lot for us. 💐❤🙏🇱🇰
Who was the president at that time? When everything was good
Did you vote for those clowns??? When the media is reporting on the corruption, incompetence and nepotism, did the sri lankans vote the crooks out? No. Dont blame bad politicians for the greed of the voter.
@@thatgirlsahar
Its When we were under British rulers and soon after we got independent in 1948 and until 1970 everything was alright.
In 1972 , our country became a socialist republic and thereafter internal civil crisis had started. Youth had a battle with the government in 1974 and those youth have set fire and have destroyed and done damages to property and lives. Also most of the youth have got killed by the government.
After 1948 all Leaders have obtained loans and not paid back on later stages.
We had a battle started in 1983 with the LTTE , a terrorist group for 30 years. That war destroyed the economy as we had to buy weapons , equipments and extra expenses for tri forces and police. Also they bombed most of the places including Colombo city , airports and so on. Money wasted for reconstruction.
Anyway, present plight is due to politicians as they ran behind commissions offered. They did highways under Chinese government and did a massive an unwanted investments for an extra harbour and an airport which has not functioned so far. These were the burdens we have carry today as there's no gain from any of thses projects. We now have only the pain.
We give free education from grade 1 to 12. Text books are given free of charge . Also material for students uniforms and free meals up to certain grades.
University education too is free and massive scholarship programs are in progress.
Health is free. Also many subsidiary programs for low income families are functioning with the changes of governments. Politicians propose and promise multiple things to people to get them voted. But people do not know how the politicians give things free of charge. Politicians mis use most of the loans for their personal reasons. This made the situation bad to worse.
Covid vaccination program and the leaders who carried out it too is responsible for today's crisis.
There were several presidents from 1948 todate.
All have a list of promises. They distribute the list from door to door when there's an upcoming election.
In Sri Lanka, everything and everything has been affected by politics. In our parliment, there are many members above 60 and feeble. They do not leave the parliment because they get a lot of benefits and previladges being a parliamentarian. Also as the former parliamentarians. It's big money to conduct these politicians until they die one day. We loose Rs. 25 million to conduct the parliment for ONE DAY. After spending such big money, all what they do is , shout at each or and then after have a 7 star meal and go back home in VVIP level. It's a dangerous situation and its very sad. We as civilians are very helpless.
Simply, the politicians ruined our motherland.
Where is rss modi hindoo bodisena now in srilanka 😂😂😂
Democracy got you free lunch, politicians promise you everything under the sun, and leave the country with huge debts.
From US to Turkey to Sri Lanka. Blame corruption or the politicians, get them out then rinse and repeat.
👍👍👍👍🙏🙏🙏🙏
Return to the monarchy!
Hold on. . . are you advocating money laundering?!!
Thanks for all of your reporting personal for spreading current situation about Sri Lanka!
Main reason for the sri lankan economy to be in free fall is the corruption by Rajapaksha family. The amount of nation's money they have stolen is beyond imagination. Rajapakshas are responisble for this crisis and all the difficulties that the entire nation is going through. People are starving to death and Rajapaksha family should not go unpunished for what they have done to this country.
If they're corrupt why do they elect them? people deserve what government they have right now... just what happening to my country... just my opinion.
You know it just a number and they probably can cheating right
@@allan4974 People didn't realized that Rajapaksa's are corrupted until now. Even though we tried to explain them many people didn't believed. I've never voted them.
@@allan4974 Absolutely right. I cannot agree more. The people have to take a long hard look at themselves.
@@akashaabeysundara8454 stop bullshitting machan! Oya baba de? You knew this whole family were crooks and thieves from as long ago as 2004, when all that tsunami aid to Sri Lanka was stolen by Mahinda! Ane palayang yanda!
Good People Never Fall 🇱🇰 ❤
That's why the leaders of Sri Lanka are bad people, not good.
In bahasa Indonesia, Rajapaksa literally meant King of Forcing.
Raja = King, Paksa = Forcing.
So each time I heard autocratic acts by Rajapaksas, I would automatically said "Why of course."
😂interesting pun of language..... so true!
it is similiar to sanskriit
Hhahaha yes that's what meant in sinhala and alsp i guess in Tamil as well
@@andhnamaziyokabaap1716 They were influenced by Indic civilizations.
@@moarx25 'paksha' means 'the side,the party' in sinhala an this surname can be taken by anyone as its in the changeable surname list
Great coverage Al Jazeera, this disaster was in making for quite long and suprised to see people actually didn't see this coming
This explained the general situation really well
Another fantastic video. Love Sandra. Such class 👌🏽
thankyou so much for sharing whats happening right now in sri lanka helps a lot to get our country to normal.
Rajapaksa, in Indonesian language that becomes two words, Raja = King, and Paksa = Enforcing thing to work against will or convention.
So, Rajapaksa can easily be transliterated in Indonesian language as the word, Dictator.
@@1ndragunawan yoo seriously 😑
I hope things get better soon for the people there, seems like a beautiful country with friendly people, peace ,safety and happiness to Sri Lanka. X
Thank you for sharing the TRUTH!
Al Jazzera is the best news network, I´m from Latin America, and I find this channel the most unbiassed and unpartisan. Sandra Gathman is the best journalist of her epoch.
Are you kidding . Al-Jazeera is a terror mouth piece of muslim brotherhood
@@xijinping9437 I am not kidding, imagine my opinion about the rest, and it is very funny that someone with the alias of a dictator says it, hahahah
A government that can appoint it's own family member to big positions. Is this even a democracy?
A very good, informative video! Thank you, Aljazeera!
The Rajapaksa brothers are also responsible for the mass killings of Tamil in 2009!
tigers... 😻😹
@@fsxmantra and shelling over 100,000 civilians in a "no fire zone"
A good analysis, However, Sri Lanka's two main foreign income sources - Tourism and Worker remittances are significantly pandemic sensitive(it lost about 9 B USD due to Covid). This is in addition to the increase in its trade deficit due to high fuel prices. Its loss can not be bearable to its external accounts. The payment of around 8 B USD debt(ISBs) was serviced during the last two years which was taken before 2019, and at the same time, it lost the access to ISB credit market. So, the occurrence of several events at once very unusually hit the reserves(7.6 B USD). Yes, then this hit the debt sustainability or aggravated its negative impact on the reserves.
Pandemic affected so much to this small nation, foreign remittance and tourism yes, after that terrorist attacks in churches it is fallen down .. otherwise Sri Lanka would have done much better. 40 years of LTTE civil war destroyed progress and wealth of this tiny Island, then came Tsunami . British COMMONWEALTH NATION they must come forward to help this tiny island. they don't need much few billion dollars can take them out of this calamity. Srilanka must focus on developing IT, computer, hub of out sourcing, now most of the Sri Lankan educated people are out side the country, Sri Lanka is resourceful, best weather, long beaches , cool weather, hot summer, sunny through out , lot of rain and water. fishing industry. Save this island from total failure they need a visionary like India's Delhi Chief Minister Aravind Kejariwal .
Sri Lanka isn’t the only country in the world reliant on tourism. While what you said it true, you’re keeping out the fundamental reason this happened: corruption and theft by the Rajapaksas. If they didn’t steal the probable billions of dollars, Sri Lanka wouldn’t be in a crisis this bad. Feel the economic strife that most countries are going through due to the pandemic? Yes. But nothing like this.
It's not about pandemic main cause was present government mismanagement
@@adhmid2541 Please share the mismanagement practices and its impact on the dollar account.
@@iluvpani Please share the reliable source docuements for this.
Really like start here. Easy way of explaining things. Grt job 👍
Thank you for the information
We in Bangladesh in suffering for 50 years by the family government ، one family go another family take , corruption , bribery , fake , miss information , anger opposition is happening uncountable
Grab some men and remove the her.or vote her out
It's even worse in Pakistan bro the Muslim League and the People Party have been looting Pakistan for the last 60 years.
Same in Pakistan. Imran Khan challenged this and the corrupt mafia collectively got rid of him.
But Sheikh Hasina is not a fool, she is a good adminstrator.
Sri Lanka's debt structure
Market borrowing: 47%
Asian Development bank (Controlled by Japan with all Japanese presidents): 13%
Japan: 10%
China:10%
World Bank: 9%
Other: 9%
India: 2%
Conclusion by the Media: It's China's fault.
U should see Terms of loan and feasibility of projects...hambantota port(china) and how much of srilanka assets are taken away in the name of lease by other countries🙄🙏
All countries participating in BRI: go bankrupt.
Your logic: It’s got nothing to do with China.
@@nadlax5920 It seems you're bad in math. SL has huge amount of external debt prior to Chinese loans which killed SL economy.
$1.4 billion for a port is very expensive. It could create multiple ports. SL could use their other ports
See the intrest rate and repaying time
@@Ravi-mm5dr
lol...
Up until to day, the port is half way completed due to the sudden Work Stoppage Order by SL government. So, how are those leased "lands (anyway, they are useless & worthless without a full operational port)" supposed to be taken away by China?!!!
Furthermore, if the port will to be completed in time as per the original schedule, there'll be revenue generated and it will be also the Signature Project for SL and the one belt one in South Asia i.e. the value worth of this port would be much greater than an abandoned/ or a useless half completed existing one.
Very Informative.
Thanks for enlighting us on the root cause of the crisis in Sri Lanka!
What is not explained in this video is that the Rajapaksas were given so much power because the Sinhalese people put all their trust following the Mahinda Rajapaksa's win over the Tamil-led LTTE. Even if both sides committed numerous war crimes eventually Mahinda's government was seen as a saviour for ending the war, from a Singahese perspective. Guess what? When you give a governor too much power: the people lose theirs. Nothing is created,everything is transformed.
Tamil issues are petty to the international level eyes cuz they don't even hve their own country
@@harrywoodroof9575 they have India
@@Sanskar-1705 India is Indo-Aryan-dominated country. Tamil is just part of its Northern Indian annexation
@@harrywoodroof9575 first of all Their is nothing like Aryan and Dravidian in India...
North Indians are as brown as south Indians...
Their is no scientific evidence to prove Aryan-Dravidian theory
North Indians have similar DNA to South Indians....
Nor do North Indians DNA matches to that of European and Central Asians
I expect from educated people to not beleive in this cooked up Stories made for dividing Indians
As a Sri Lankan let me explain few things, LTTE And Sri Lanka government were involved in the War not the Sinhalese and Tamil. After the war jaffna city ( where the war happend ) developed like rocket speed. jaffna is developed like colombo ( Sri lankas' capital) when is war happening that only Sri lankan poor innocent Sinhalese and Tamil people payed the price by their souls. Both sides committed war crimes but you know it's a war not a game played by rules. After this shifty war we lost thousands of Sri lankan lives, also There are many stupid people in sri lanka who believe Mahindha Rajapaksha and his brother are ture hero's and there are the people who stopped the war but in Reality Sri lankan Army who won the war not those stupid politicians. Mahinda Rajapaksha and his family is the reason in huge economic crisis they stole money from people.
Omg, I'm from the Philippines and this is very familiar to me. I hope we're not heading down this path.
Masyado kang paranoid. Hindi naman ganyang kahirap ang pilipinas. Hindi lang tourism ang source ng income ng pilipinas.
@@josevladimiraustria2736 I'm referring to the political dynasty and debt part. And tourism is a substantial portion of our economy. But like i said, I hope di tayo papunta sa path na to.
@@Davao420 matagal ng may political dynasty dito sa pilipinas. Sa local government pa lng ang dami ng magkakamaganak na nasa gobyero. Sa debt part nmn, gaya ng sabi sa Video normal lang sa isang bansa ng may utang at tuloy tuloy nmn yung takbo ng ekonomiya natin. Kaya kahit papaano nkkbayad tayo. Ang layo ng economy natin sa Sri lanka. Wag kang masyadong praning.
@@josevladimiraustria2736 nobody knows for sure if the Philippines is heading towards this, just like the leaders of Sri Lanka did not expect this to happen. The way you talk about it seems pretty sure na hindi dito papunta ang Philippines. I hope you're right, but there's no assurance that you are.
Who did it in Philippines? Duterte?
Stay strong our brothers and sisiters sri lankan things will soon get better...love from the Philippines
Well that was very much informative and I appreciate the journalist. Well done.
It's very sorry to see the situation in Sri Lanka, the land with such a profound Buddhist culture could not manage the crisis in advance. Wish all Srilankan to get out of this tough time. Namo budhaya
Well the leaders the Rajapakshas in Sri Lanka did not follow the Buddhist path. They chose the path of Ego, greed and corruption and self and building expensive monuments to themselves. Even thought they pretended to be devout. If they genuinely followed the Buddhist path the country would have prospered. Like when Indian King Asoka converted to Buddhism and genuinely followed the Buddhist path. India ancient times under his leadership prospered. In fact his symbol can be seen on the middle of the Indian national flag. But such leaders like Asoka in India are extremely estremely rare in this world.
The SL Buddhists monks r in politics lollll…tell them to get out of politics and focus on buddhas teachings instead. They make the religion look bad
@@-a7132 they're not actually Buddhist monks, and no one show respect and believe as they're monks,
Where is rss modi hindoo bodisena now in srilanka 😂😂😂
Religion is a bad thing. Look at afganistan. Now srilanka 😂
Nepotism , corruption and COVID 19 which disrupted the tourism sector , all of these factors destroyed Sri lanka
Tax cuts,switching to organic farming and not going for a bailout earlier
People wrong decision making? 😅 74 years
Thanks
I never understood politics or like it in anyway or form, as most people are, but in the last couple weeks this situation got me digging deep into the history of Sri Lankan politics. As a citizen now I think it's better to have some sort of knowledge about politics.
Very informative. Now I have a grasp of what's going on there. Thank you & keep up the great reporting.
trust me the report aint even close on whats happening here its far worse. The whole nation sufferes just because of one family in power the rajapakses
Sri Lanka is most beautiful place on earth
Such a beautiful country & beautiful people.
Heart-breaking what they are going through.
💪❤ thanks
Great report, I only became aware of their plight a month ago when an entire apartment block burned and all the residents were from Shri Lanka!
Mam, very nice analysis👍.
This is a fault of not only Rajapaksha's but almost every politician in Sri Lanka. Because none of them are truly caring about this country or it's citizens. Most of the politicians in the government & other parties, and some groups in and outside Sri Lanka are trying to misuse this picketing situation to achieve their personal goals & selfish needs. So, there are only a few people who are focusing to solve the prevailing situation, all the others (majority of them) are opportunists.
Dont fall for the media narrative that it was "bad politicians" The people know who they voted for and this is what they get.
Just like the majority who'v always voted these despotic leaders as a collective .. opportunistic to the core . .
Sounds like my country...but the people are the ones voted for these corrupt leaders
Excellent briefing
The show ended with a mention of China's Belt and Road initiative in an attempt to link Sri Lanka's problems with that initiative. It failed to mention that China's loan is made up of just 10% of Sri Lanka foreign debt.
SL has no one to blame but themselves.
@@thinkerr infact pandemic played the main role in Sri Lanka's current economic crisis. Tourism and foreign remittance makes up a huge chunk of countries foreign reserves, both these sectors were heavily affected by pandemic.
AL-Jazeera is another Western propaganda machine confusing their viewers. 47% of its are from Market borrowings. Anyways, US has the highest external debt unlike SL they can print :fiat" money anytime they want
It may make up just 10% of sri lanka's foreign debt but the interest rate charged by China is 8% way higher than the IMF loans which have an interest rate of 1% the reason for this is that the Chinese government allows its banks to loan money out so its not exactly government to government as a result each country who borrows loans can get a different interest rate depending on the banks and the countries financial situation( in case of the IMF its every country regardless of economic situation gets the same interest rate) , this is what is called the Chinese debt trap mechanism which specifically targets countries that are small and weak in economy to pay up this huge interest rate as a result they usually lease up a part of their territory as in a port or millitary base or even an airfield or airport to China for a long period to pay up this loan. The belt and road initiative is another example of this policy already being seen in countries like Pakistan 🥲
@@leonbarboza1619 Since they already do that, now Chinese banks can not get their money back lol. how about the other 90% of foreign invest not hold by chinese? will they be paid?
This seems to be a trend in southeast Asia. I'm from Pakistan and in the last 2 years 1 dollar has gone from 160 ruppees to 200+. Inflation is also at an all time high.
Very good reporting
.....nice presentation. Thanks.
I'm fully confident that Sri Lanka will solve all of its crisis and get out of this mess but we still won't be able to solve why Sandra changes her chair
😂
Not to forget the wonderful people who knew about their reputation, yet chose to be blissfully ignorant, indulge in identity politics (ethno-religious) and VOTED them back in 😊
Great that you Al jazeera tried to know their problems and so ready to help them
very good journalism. keep up the good work.
Years of corruption, nepotism and cronyism have finally brought Sri Lanka to its knees. The serious business of government is run like a family business, with the Rajapaksas enriching themselves at the expense of the people. Why then do people continue to vote for corrupt politicians, as happens here and elsewhere in some other South East Asian countries?
As horrible as it sounds, it seems like something like this was meant to happen because now people in Sri Lanka are demanding a complete overhaul of the system and also realising the need to treat all ethnic groups equally. It has to start at the bottom, the people are now finally asking for it.
My question for everyone please don’t take this offensive way .we all know what was going in Sri Lanka for past 13 years Rajapaksa Family was a crime family they were running and operating the country like the mobs cartel Organization The family involved in money laundry bribes war crimes Not only Rajapaksa family the whole politicians doesn’t matter which party they belong Too they all are corrupt for example Ranil Wickramasinghe they all are family members related to each others also belongs to the same cartel family. Because I don’t want to talk about politics because I don’t want be a hypocrite . But it’s very transparent and sad to see What is happening to Sri Lanka at this time but the Sri Lankan citizens was fooled and hypnotize
By the corrupt politicians and by the so call monks ( racist ) they are a lot of racist demons and devils are existing and operating the country only the God can rescue them . We can pray 🙏🏽 though God to bless them all To come out of the crisis . And what they are going through .God bless Sri Lanka !!
Absolutely correct... perhaps we should change the name from SRI Lanka to Ceylon. Make English the bridge language...million dollar question is will the Sinhalese masses agree to this? I'm afraid, No...because opportunist politicians will brainwash them racism.
Dear friends first of all Sri Lankan people (citizens ) have to change from the racism not the politicians and the so-called monks change them and drag them into racism and the racist war ..we all have seen this for decades .I sadly watched a CZcams video And a protest took place in Australia one of the organizer he claims !! (?) . And it was disgusting the way he staged himself and project himself as a racist The whole world is fighting to stop the racism at this time racism shouldn’t exist in any part of the world 🌎 zero tolerance for them doesn’t matter what language we speak of which religion we pray and follow .people have to come out of racism don’t be a racist don’t have a narrow mind if we do that half of the problem is resolved in the 🌎 . The main core of the war in Sri Lanka it’s about racism . So Rajapaksa family and Ranil Wickramasinghe a family are taking this opportunity and using the racism to steal the money out of the country and making them as mob cartels.(mafia ) so my request for the nations don’t fall for these kind of acts be smart think with your broad mind we can solve 80% of the crisis what we are going through now finance Bloodi war crimes any criminal activities .. let God bless we all
If a small island a small country Singapore can do why can’t we do and we all do ???
You cant blame all the monks as its a few who are at politics which of course frowned upon by buddhists as well .and talking about racism all four religions do the same in closed doors. Anyway thank you for your good will according to your religion
@@pizzapadinton8868 We are not blaming all the monks .we are only blaming the racist monks if the 🎩 fits any of those racist they can wear it FYI I strongly believe in Buddhism I follow lord Buddha I follow his wisdom I know White law of nature Gautama Buddha Sayed
Super presentation , hats off
As a srilankan we don't think that there will be a country called Srilanka in the future, its sad to see such a beautiful country go down like this. Hope for everyone during this situation.
As a Korean I saw this coming years ahead, well best of luck to you all.
how?
@@starrynight43451 You have a poor country with corrupt politicians, you have Western countries that don't care, and you have China that will lie and cheat to exploit that. 1+1= this
Since this was attempted in Korea as well. President Park Jung Hee banned all Chinese for a reason when he started to build Korea's economy.
An IMF loan would be a disaster for the Sri Lankan people. The IMF always ties loans to neoliberal policies, like eliminating public provision of healthcare and unemployment benefits, and removing minimum wages. The population will just get exploited by Western companies looking for cheap labour
IMF polices should be tried in America - revolution within a month.
Praying for a quick economic recovery from 🇮🇳
you have done a great coverage of Sri Lanka great Thank you I am a SriLankan Born but I am not in SL nice coverage of the situation of Sri Lanka It is A nice country but has been looted by the Rajapaksa Family unfortunatly.//
You say that like everything is fine in the US. Same here. For decades we haven't had jobs for anyone to give away. Please don't beg the US for money. We are also printing money and our govt is giving our money away to other countries while ppl here have no homes, kids are going hungry, and seniors are dying from poor health care.
Sri Lankan tourism was also hit by 2019 church bombing, missed in this video.
Con venient .. since the aljazeera boys are also part of the agenda..
waiting for this episode
I’m from SriLanka.
This is true 🥺
Organic farming initiative was to address an unprecedented Public Health crisis caused by agricultural toxicants. it was mismanaged. But it is an issue that must be addressed to prevent annihilation of rural farmer communities that rely on contaminated rice cultivation water.
Could you elaborate about agricultural toxins?
As far as i know the govt was running out of foreign funds to buy fertilizers, so they decided to impose a ban and advertised it as a turn towards organic farming which doesn't produce much food compared to modern industrial farming.
@@vivekp4854 sri lankans were fed propoganda by the paksha dynasty, that they believed all 💩 of their govt hence did not protest against the useless infrastructure projects and organic fertilizer substitution
That was brought about by a corrupt monopolistic arrangement preventing free trade in sourcing fertilisers. Poisoned their own people.
@@C02045A new type of Kidney disease was identified in Rajarata in 1991. 22 years after introducing chemical fertiliser to Sri Lanka. So, it has nothing to do with the quality, although some politicians thought so, as well as were accused of wrongly.
@@vivekp4854 would pest resistant gmo's be able to save that situation?
Beautiful country just shame what's going on in Sri Lanka today.
Former Executive President Gotabhaya Nandasena has been deposed by Sri Lankans. Sri Lankan at heart ❤️🇱🇰🦁
Rajapaksha's and other politician destroyed this miracle. Sri lankans are very strong. We can recover this situation soon.
from Sri lankan 🇱🇰
For the last two years, If had been everything normally, there should have been 8.6 B USD, from Torusim but received only 1.1 B USD due to the covid. The single largest foreign income source - Worker remittance is also affected in 2021. And also, access to the open credit market(ISBs) was lost as some economic factors triggered by the covid impact.
Sri Lanka deserve even more worse. They persecute the Muslim.
And what did the people do, instead of cutting back on spending for tough times, they voted in a government that cut taxes and destroyed farming. The majority of voters did this.
@@NathanCroucher As issue in the dollar account, Cutting back on spending - bans on vehicle imports/non-essntials/agrochemicals. Tax cut was before the covid.
@@economicsroom1011 looks like theres 2 sides to the story, didnt this vid blame the Gov/people?
I feel sorry for the srilanka people , they deserve better
They voted for him lmao. I remember when srilankans from foreign countries came here just to vote. The enthusiasm the country had during that election period was like no other. Only few percentage of people knew the real sh!t. I was at school then, only three of us in my class voted for someone else, all the others voted for him and also forced us to vote for him. They said they don't even need a choice cause they will select gota anyways. The way his supporters acted during that time makes me think it's all just karma. But it's just that we're all suffering even though we didn't vote him
Being a Sri Lankan ive one request for all of you. Pls pray for sri lanka.🙏
As Sri Lankan we need international support to overcome from these corrupted politicians in country ..Rajapaksha family n Ranil Rajapaksha made millions of peoples lives a diaster..
I love Sri Lankans!!!!!
I am afraid but yet it's true,
Our 20's are not about chasing dreams, it's all about survival Now.
Kudos to the video editor!
Well done. Great presenter.
The rajapaksas are living in the lap of luxury with all the millions of dollars they stole from the Sri Lankan people while millions of poor Sri Lankans are suffering in hunger and close to death.
"the millions of poor people" voted for gota. The real victims are the ones who are suffering without even voting for him
This is almost exactly what happened in Philippines back in 1980's.. we defaulted in debt and the dictator still attempted to borrow from Singapore but failed because as Lee Kuan Yew had said "we won't see that money ever again".. In 1986 a bloodless revolution happened which was called the EDSA Revolution. Democratic countries looked up to us and lauded us for the most peaceful revolution in history. Fast forward to present, the dictator's son and the whole family is back in National politics. Wonder what was missing in that revolution? It's the shedding of blood, there's never a true revolution without shedding blood.
Aayubowan All. I'm Sri lankan and our country is not corrupted yet. Today 09 July 2022, we cicked Gota the president, this moment don't know where he has run away. We will re build soon as possible as we have lots of natural resources. Our country is beautiful paradise. I would like to invite all beautiful people around the world to come and visit our country when the current situation is sorted out. Thank you all. Stay connected with sri lanka. And requesting all to include our beautiful country in your prayers. Thank you all 😍
Dear my fellow asian, my country was not that much better but I pray for your safety and may you have the strength to change our countries for a better future
Same is the condition of Pakistan. Family politics has ruined us in years... Country is nearly a Sri Lanka itself.... Only good government which was selected by people has been sent home with the help of military and US intervention....
Yes, the U.S. traditionally loves to retire governments, except corrupt governments, for them it has very much liked to ensure they have bolted-down stability. Feudalism/authoritarianism... and/or 'client states' have very much been 'okay' with the State Department.
7:30 “China offered to help by putting more loans on the table.” Lol just China being China.
Coward china is nothing to do with this dog
I have been to Sri Lanka three times, before the pandemic. I love Sri Lanka and our Foundation THE FRANCISCANS OF THE CROSS, PROVIDES FOOD AND CARE for many in the Newya Eliya area. We pray for the people of Sri Lanka, for this most beautiful jewel and know that things will become much better over time. Love Father Francis Mary.
Sending them fertilizers would probably allow them to generate more food than we could send them and would help more than any prayer. At least seems like it. Even though I have nothing against prayers. But here and now they need more.
The people of America 🇺🇸 love you and are praying for you Sri Lanka 🇱🇰 🙏 ❤️
Sri Lanka will take years to get out of this. For starters get all the money in the overseas bank accounts the Rajapaksas have hidden away. Many other countries are also facing balance of payments deficits so Sri Lanka could be the start or worse to come....eg. Tunisia, Ghana & many more....
The economic crisis in Sri Lanka has now engulfed the political system and the entire society.
The Rajapaksa regime was responsible for the disastrous decisions that contributed to the economic crisis. The decision to cut taxes, stop fertilizer imports for use in agriculture and grandiose investments in vanity projects were all taken by the authoritarian regime which reduced revenues, disrupted agricultural production and added to the growing debt burden. The Covid pandemic only precipitated the looming crisis with the drastic fall in foreign exchange earnings with the stoppage of tourism and remittances from Sri Lankan workers abroad.
Ever since the economic collapse, the people had suffered in the midst of severe shortages of food, fuel and medicines and galloping price-rise. The unbearable conditions of life drove people to come out into the streets to protest.Thousands participated in these peaceful protests which drew support from all sections of people including teachers, students, employees and trade unions.
The demand that president Gotabaya quit is justified as it is he who wields tremendous executive powers. He has to be held mainly accountable for the economic mess that has been created and for the authoritarian national security state that has been set up. The economic and political crises are intertwined.
The ouster of the Rajapaksa regime must be accompanied by a democratic transformation of the country’s political and economic structures. The executive presidency has to be abolished and the centralised national security state set-up dismantled. The neoliberal framework of policies has to be replaced by a pro-people path of development. The disillusionment with the Rajapaksa clan will hopefully result in the depletion of Sinhala Buddhist nationalism and lay the basis for the unity of the people with a democratic approach to linguistic and religious minorities.
The Sri Lankan government is negotiating with the IMF for a loan programme. This will entail cuts in welfare, austerity measures along with further privatisation. The mainstream political establishment in Sri Lanka sees no other way but to follow the IMF dictates. But this is not a solution to the deep structural crisis. It is necessary to set out an alternative path - one which will protect the people’s interests and also shield Sri Lanka from the depredations of finance capital.There has to be a restructuring of the political and economic systems and rally the people to fight for such a change.
OK
Why you say they must go from their religion, because the minority say so.
“ sunat air minuman
1. Mengucap Bismillah.
2.Melihat dan makan/ See and drink.
3. Duduk dan makan.
4. Makan dengan tangan kanan.
5. Makan dalam tiga nafas.
6. Akhir sekali ucap Alhamdulillah.
Penulisan saya akan berjaya hanya jika ia dilaksanakan
yes
Sri Lanka was a victim of high corruption by the Rajapaksa family like in Pakistan where Shareef family did high corruption brought Pakistan to the edge of a precipice.