Economic crisis in Sri Lanka: Central Bank Governor bluntly - Government should not interfere in our work, the situation may still improve

In Sri Lanka, which is facing an economic crisis, there has been a tussle between the central bank and the government. The Central Bank Governor says that the situation can improve if the government does not interfere in our work. The treasury of Sri Lanka, which is facing a financial crisis, has only 5 thousand crore rupees in foreign currency. There is an acute shortage of necessities.

On the other hand, the anger against President Gotabaya Rajapaksa is not decreasing. Demonstrations continue on the streets even during rain. Meanwhile, Sri Lanka's Finance Minister Ali Sabri said that his country needs about 22 thousand crore rupees so that it can come out of this situation.

Printing of newspapers is also being affected in Sri Lanka due to unbridled inflation. To save expenses, many newspapers have cut their pages. Apart from this, some newspapers stopped printing on Saturday for Sunday's special edition.

Sabri has appealed to the IMF for help. To deal with the crisis, the Government of India has given financial help of about 4 thousand crores. On the other hand, opposition leader Sajith Premadasa has demanded the resignation of the entire Rajapaksa family, demanding the abolition of the post of working president.

Big updates on the Sri Lanka crisis...

The Sri Lankan government, which is dealing with the crisis, has handed over the command of the Sri Lanka Central Bank to P Nandalal Weerasinghe. Weerasinghe has assumed the post as soon as the government order is received.

The UN has advised the Sri Lankan government to talk to its people amid the economic crisis and ask them to end the demonstration.

Former Central Bank Governor Ajit Nivard Kabrali said that I will not leave the country. Whatever the investigation is, I will cooperate with it.

Public demonstration outside Rajapaksa's house

On Saturday also, the round of demonstrations continued in Sri Lanka. The army and police have closed all roads leading to the residence of Prime Minister Mahinda Rajapaksa. Demonstrators gathered in front of the US Embassy in Colombo said that the US should freeze the assets of Sri Lankan Prime Minister Mahinda Rajapaksa in America.

Sri Lankans settled in the US demonstrated outside the residence of Mahinda Rajapaksa's son in New York. In London too, Sri Lankans demonstrated outside the embassy.

Prices of essential medicines increased by 20% in Sri Lanka

The prices of essential medicines have increased again in Sri Lanka. The government has hiked 20% on all medicines. The Drugs Controller said that this would not apply to the drugs on which the price was increased earlier. This decision has been taken due to a shortage of medicines.