WAR OF WORDS University students speak with a police officer during a demonstration against the economic crisis near the parliament building in Colombo, Sri Lanka on Wednesday, May 4, 2022. Public anger has sparked sustained protests demanding the government resign over its mismanagement of the economic crisis, Sri Lanka's worst since gaining independence in 1948. I don't know if people realize the gravity of the situation," Finance Minister Ali Sabry told the Sri Lankan parliament. Negotiations with the IMF are ongoing, but Sri Lanka's central bank chief has said any assistance from the lender is months away. Sri Lanka's economic crisis took hold after the coronavirus pandemic hammered income from tourism and remittances.

Source: Manila Times May 06, 2022 04:22 UTC