Sri Lanka Economic Crisis

The Coalition for Economic Democracy in Sri Lanka (CEDSL) is a group of concerned academics, activists, agricultural, fisheries and industrial workers, students, business persons, trade unionists, and professionals based ‘in country’ and overseas, including the diaspora, who uphold the values of economic rights and justice in public policy making. In the wake of two years of economically-devastating Covid-19 lockdowns, quantitative[Read More...]

The mighty nationalist leaders from the Rajapaksa family in Sri Lanka looked helpless and cowardly when he was humiliated at the airport as he tried to flee abroad to protect himself from the agitating people who protested at the airport. Still, he used his powers as the arm forces followed it ‘dutifully’, knowing fully well that it was actually a[Read More...]

Sri Lankan protesters have vowed to continue their struggle for a complete change of the system by abolishing the presidency, as the popular uprising that ousted Gotabaya Rajapaksa as president marked the 100th day on Sunday. The anti-government protest began on April 9 near the presidential office and has been continuing without a break. “We will continue our fight till[Read More...]

Sri Lanka politicians are trying to settle popular unrest as parliament plans to meet tomorrow after the official resignation of President Gotabaya Rajapaksa was made today. Speaker Mahinda Yapa Abeywardena said he expected to elect a new President through Parliament within 7 days in accordance with the provisions of the Constitution. The Speaker said in terms of the Constitution Prime[Read More...]

Sri Lanka’s opposition parties are trying to cobble together an all-party government and pick candidates who can take over after President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe agreed to step down, giving in to popular pressure in a country struggling to pay for essentials. Sri Lanka has been plunged into a political vacuum after an economic crisis sparked widespread protests[Read More...]

Sri Lanka’s opposition political parties are trying to agree on a new government a day after the country’s president and prime minister offered to resign in the country’s most chaotic day in months of political turmoil, with protesters storming both officials’ homes and setting fire to one of the buildings in a rage over the nation’s economic crisis. Sri Lankan Army chief General[Read More...]

A UN survey entitled “Humanitarian Needs and Priorities—Food Security Crisis Sri Lanka” issued on June 9 painted a tragic picture of the social devastation being inflicted on workers and the poor by Colombo’s ruling elite and the capitalist system. “Sri Lanka is experiencing a multidimensional crisis, compounded by food insecurity, threatened livelihoods, shortages of essential medical items and rising protection[Read More...]