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Sri Lanka declares Emergency after unrest over record inflation

AFP

Colombo, April 2:  Sri Lanka’s president declared a state of emergency Friday giving sweeping powers to security forces a day after hundreds tried to storm his house in anger over an unprecedented economic crisis.

President Gotabaya Rajapaksa invoked the tough laws allowing the military to arrest and detain suspects for long periods without trial as demonstrations calling for his ouster spread across the South Asian nation.

The emergency was declared for “protection of public order and the maintenance of supplies and services essential to the life of the community,” he said in a proclamation.

The nation of 22 million is facing severe shortages of essentials, sharp price rises and crippling power cuts in its most painful downturn since independence from Britain in 1948.

Police reimposed a nighttime curfew Friday in the Western Province, which includes the capital Colombo, expanding the no-go zone from the previous night.

Earlier in the evening, dozens of rights activists carried handwritten placards and oil lamps in the capital while demonstrating at a busy intersection.

“Time to quit Rajapaksas,” said one placard. “No more corruption, go home Gota,” said another — referring to the president.

Rajapaksa’s office said Friday that the protesters wanted to create an “Arab Spring” — a reference to anti-government protests in response to corruption and economic stagnation that gripped the Middle East more than a decade ago.

One of the president’s brothers, Mahinda, serves as prime minister while the youngest, Basil, is finance minister. His eldest brother and nephew also hold cabinet positions.

Sri Lanka’s predicament has been compounded by the Covid-19 pandemic, which torpedoed tourism and remittances.

Many economists also say the crisis has been exacerbated by government mismanagement and years of accumulated borrowing.

Record inflation

The latest official data released Friday showed inflation in Colombo hit 18.7 percent in March, the sixth consecutive monthly record. Food prices soared a record 30.1 percent.

Colombo imposed a broad ban on imports in March 2020 in a bid to save foreign currency needed to repay nearly $7.0 billion this year to service its $51 billion debt.

Diesel shortages since Thursday have sparked outrage across Sri Lanka in recent days, causing protests at empty pumps.

The state electricity monopoly said it was enforcing a daily 13-hour power cut from Thursday — the longest ever — because it did not have diesel for generators.

Several state-run hospitals, facing shortages of life-saving medicines, have stopped routine surgeries.

The government has said it is seeking a bailout from the International Monetary Fund while asking for more loans from India and China.

 

 

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