Sri Lanka Debt Crisis: Sri Lanka trapped in China’s debt trap, inflation rate in the country is 57%
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Sri Lanka has got a big relief from the visit of Indian Foreign Minister S Jaishankar. His arrival in Colombo paved the way for Sri Lanka to receive a loan from the International Monetary Fund (IMF). On the other hand, Sri Lankan government sources say that China came under pressure as soon as Jaishankar arrived.
The crisis of Sri Lanka buried under the debt of China is not reducing. Inflation is running at 57%. Due to financial constraints, there has been a severe shortage of food and drink as well as fuel and medicine. Due to this Sri Lanka has been forced to compromise on security. This will reduce the current strength of two lakh soldiers by a third. About 1.35 lakh jawans will remain in this. Not only this, but by 2030, the number of soldiers will be reduced to 1 lakh. However, in this regard, the government says that by taking the step of reduction, it is preparing a technically and strategically strong and balanced defense force. Sri Lanka will also cut its annual budget by 6% as part of measures to recover from the crisis.
Meanwhile, Sri Lanka has got a big relief from the visit of Indian Foreign Minister S Jaishankar. His arrival in Colombo paved the way for Sri Lanka to receive a loan from the International Monetary Fund (IMF). On the other hand, Sri Lankan government sources say that China came under pressure as soon as Jaishankar arrived. He has also taken steps towards providing relief to Sri Lanka. The painful condition of Sri Lanka due to poverty is also being exposed. Food is not being distributed to children in schools. Schools are asking parents not to send their children to school empty stomach and without lunch. According to Anoma Sriyangi Dharmavardhane, vice-principal of Horawala Maha Vidyalaya in Mathugama, southern Sri Lanka, most children studying in primary classes are coming home hungry.
Do not send children to school
Every day 20-25 children faint in prayer. We depend on donations for midday meals. According to S. Vishwalingam, president of the organization Food First Information and Action Network, 20% of children in Sri Lanka are currently reaching school without breakfast. Here, a crisis has arisen in front of the parents as well. The condition of pregnant women in Sri Lanka is also bad. Some NGOs say that 10 percent of pregnant women in the country are malnourished. They are not even getting nutritious food, let alone bread for two times. Kanchana, who is going to give birth to a child for the second time, told that the doctor has said that her health has deteriorated. If they do not pay attention to food and drink, then the development of the child growing in their womb will be affected.
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