Sri Lankan Protests: Views of an Insider
In conversation with Ahmed Thahir, a social activist from Matale Town, Sri Lanka: 1. What do you think are the major causes of the Sri Lankan Economic Crisis? The Sri Lankan economy had a welfare system which was not ideal but sustainable, helping lots of poor people in our country. As a developing country, we had a quite impressive economic growth after the civil war ended, but most of the development came through debt. Under Mahinda Rajapakse, we made many debts for several infrastructure projects. Some were pro-people projects but most of them were meant to uplift Mahinda’s own charismatic image, such as the Lotus Tower, Hambanthota Harbour etc. Many people believe that China is partly at fault for the economic crisis in Sri Lanka due to constant US propaganda, but China is responsible for more or less 10% of the debt in Sri Lanka only, and from 2015 to 2019, now President and then Prime Minister Ranil borrowed lots of international sovereign bonds and from western instit...