Soon after being sworn in as President, Dissanayake appointed an interim cabinet of three ministers. So how will Dissanayake revive Sri Lanka’s struggling economy and, perhaps more importantly, will he be able to? In March, for example, thousands of workers at hospitals, schools and railways across Sri Lanka went on strike to protest against the Government’s austerity drive.14What next? During the Presidential campaign, the NPP acknowledged the crucial role the IMF would play in restructuring Sri Lanka’s external debt. Kanchana N. Ruwanpura is a Professor of Development Geography, University of Gothenburg, Sweden, Fellow Centre for South Asian Studies, University of Edinburgh, Scotland and co-founder of the Institute of Political Economy, Sri Lanka.)

Source: The Guardian October 08, 2024 00:24 UTC