Scholars’ Circle – Sri Lankans Protest as they experience Economic Crisis – May 29, 2022

On May 9 of this year, Sri Lankan Prime Minister Mahinda Rajapaksa was forced to resign his position. This is despite the fact this his brother, Gotabaya, is the President of the nation. He is part of a quasi-dynastic Rajapaksa family, which has dominated Sri Lankan politics for 20 years. The nation is in economic turmoil and that day was one of the most violent of its history. Sri Lanka has less than $1 million in foreign reserves, dwindling medical supplies and almost no fuel. President Gotobaya Rajapaksa is attempting to hold onto power as the nation continues to deteriorate. And the protests continue.

We will explore the political and economic crisis that roils the island nation. What role do outside powers and lenders play at exacerbating Sri Lanka’s economic crisis? [ dur: 58 mins. ]

This program is produced by Ankine Aghassian, Doug Becker, Melissa Chiprin and Sudd Dongre.