Sri Lanka announced on Tuesday that it would be defaulting on all of its external debt of $51 billion, after running out of foreign exchange for imports. Colombo called the move a “last resort.”
#SriLanka #EconomicCrisis #ExternalDebt
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Jai jawaan jai kisaan
It's karma getting back at the Sinhalese people for the atrocities committed on their own Tamil people.
Next, Pakistan and Nepal
Chinese debt trap
Very soon if the situation does not improve you may see REFUGEES from SRI LANKA coming into India THINGS will not going to IMPROVE even in the near future as they are in a severe DEBT TRAP like PAKISTAN
Always learn to live within your means!
Seize all rajapakses family money .the debt can be repaid with interest
Looks like karma.. the same people who elected PPL who committed atrocities/geonicide on Tamil people now want them removed as it suits them. You deserve what you get, you voted Rajapaksa so you will carry the burden. I wish india doesn't help instead accept/help all tamil refugees using the same amount.
This is happens when any country allows China's CCP settle in the country…
Example : Pakistan, Sri Lanka, Nepal and the rest
They should be merged with India for better future.
…………………in the wake of a Chinese debt trap………buyer beware!!!
Srilankans hate India. Whatever help India may render , the hate remains.
Millions went like a wild fire and celebrated the victory when Rajapakse government committed war crimes against the tamils. The tamil only wanted equal rights and self determination to live peacefully. The sinhalese government denied their rights. Sinhala people vote for corrupted politicians knowing their history behind abductions, rape, looting and all. The majority people vote for Rajapakses when all tamils and muslims minorities vote against. The minorities were so smarter than the 75% sinhala community. Now the sinhalese are on the street begging for bread and milk and oil. Shame on you. Killing your tamil children of the mother lanka is a curse for the entire nation. The tamils demanded war crime investigation on Rajapakses but the sinhalese refused. The UN should intervene and punish the Rajapakses immediately and give all the rights for the minority communities of the island.
That's a good bit of help from India. Good neighbour to have.
Peace with the tamils. Tamil diaspora community are filthy rich. Atleast 100k tamils bring 1million each can pay off the debts and rebuild the country. But the sinhalese wouldn't want to give tamils rights for self determination. In Canada itself there are million tamils, very rich, europe another couple of millions. Only way out is to accept tamils as first citizens of the nation. Orelse sell the country to China and India. 51bn default, garbage money.
The Rajapaksa family are rumoured to have billions hidden away….
Finally China has achieved its geopolitical goal, it can pick and choose any SL assets.
300 thousand military forces occupying tamil private lands in the north east. If war ended 13 yrs ago, why still military controlling the livelihood of the tamils, helping the Buddhist extremism commit genocide???? Millions are being wasted unnecessarily. Give tamils people the freedom to live equally in the island.
matlab hamare bhi 1bn dub gaye?
Sri Lankans spent so much in killing the Tamils and then keeping them suppressed, so much so they voted overwhelmingly for the Rajapakses as they the hero's on oppressing the Tamils.
They did not hesitate to put a war criminal in power, that is the evil of hate.
Now the killers are beggers.
Ungreatful to India though they got great help
Sri Lanka positioned itself with china to build them a port ? Now that's how you lose your port default on your payments.
Sri Lanka should be with India if it needs help not china.
How can you trust Chinese that's China fault.
Sri Lankans move you lazy ass and do something for yourself and country kick china out.
Will they reciprocate if india is in distress?
Help SriLankan citizens to find out where this money gone, public debt become private investments of politicians in around the world: may be not in their names but connected people. Worth to a investigation and expose these people, Finance Minister responsible is dual citizen, Prime Minister is brother of President, sports Minister is son of Prime minister, central bank governor was a puppet; this is a planned robbery and they rob the future of SriLankan people
Hope India does not go overboard. Why does not Sri Lanka seek help from IMF and China ?
Default will not bring money for imports.
Any borrower can refuse to pay back. Llenders can try to seize foreign assets.
Worst country ever
Confiscate all illgotten wealth from the incompetent politicians
Indian government should supply the food items to people who are under privileged in India first.
Who ever China deals with……..China wins
Raid all the politicians who looted and recover the money
Indian navy should turn a blind eye to sri lankan smugglers of goods from tamil nadu…as a humanitarian gesture.