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A country suffering from a comprehensive economic collapse, warns of great danger

We are facing an unprecedented situation. We are in great danger

– Ranil Vikremesinghe said in Parliament.

In the country of 22 million people, there have been shortages of food, fuel, raw materials and medicine for months, and according to forecasts, the interruption of fuel supplies may continue until the end of the year.

As a result of economic difficulties, an internal political crisis also arose: President Gotabaya Rajapaksa fled the country as a result of the protests, and then announced his resignation. Vikremesinghe was installed in his office at the end of July, amid riots, after police and military removed protesters who had been camping in front of the presidential office for months.

After his inauguration, Wickremesinghe stressed the importance of a unity government in order to get through the crisis.

Meanwhile, Colombo is negotiating with the International Monetary Fund (IMF), but the organization has set political stability as a prerequisite for releasing the funds.

In addition, the president blamed his predecessors for rejecting two large Japanese investments that could have brought the country to three billion dollars, as well as undermining the relationship between Tokyo and Colombo.

Cover photo: Buddhika Weerasinghe/Bloomberg via Getty Images

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