Not just Ukraine, West must wake up to crisis in Sri Lanka

For a nation on the verge of collapse and its people in danger of economic chaos without food and fuel and other amenities, the much-needed changes in Sri Lanka are still in slow motion. Even after discontented mobs took to the streets and occupied the Presidential palace and surrounded the Prime Minister’s residence, things moved at snail’s pace as Gotabaya Rajapaksa used his privileges as President to protect himself and his family and to carry his ill-gotten wealth to safe havens. What appeared to be a revolution for the sheer existence of the people of Sri Lanka did not generate the sense of emergency required for establishing a legitimate Government, which has to work out a bail-out package from the World Bank, the IMF and friendly countries. Precious days and hours were being spent on following the president’s calculated moves to travel to Maldives and Singapore.

Instead of devising extraordinary procedures to deal with an extraordinary situation, which impinges on the survival of its people, constitutional niceties are delaying the election of president and a prime minister. Ranil Wikremasinghe, whose removal as prime minister was a major demand of the protesters, has been sworn in as president, who has declared an emergency to prolong the agony of the people. Except for India, no other country, not even China, is engaging with Sri Lankan authorities to bring about an emergency cabinet, which should not lose time in making a rescue economic package for Sri Lanka. The Ukraine war has dominated the western world so completely that the Sri Lankan situation does not even create a ripple in its conscience. The champions of human rights have no time to address the misery of the Sri Lankan people.

The complexity of the crisis in Sri Lanka has not been appreciated by the world at large. Sri Lanka’s economy was hit hard by the Covid-19 pandemic. It is currently facing the most severe economic and energy crisis recorded in recent history due to the ongoing foreign exchange shortage. The prices of essential commodities have sky-rocketed as inflation hit 15 per cent in February 2022, while people queue up for hours outside fuel stations and undergo regular power outages for as long as seven hours daily.

The tourism industry, one of the highest foreign exchange earners, decreased by 70.8 per cent in March 2020 as travel restrictions came into effect. Foreign exchange shortage resulted in the country being unable to pay for the import of essential commodities which in turn drove up the prices of many day-to-day necessities from food to fuel to pharmaceuticals. The rising cost of living has pushed close to 600,000 Sri Lankans below the poverty line.

The foreign exchange shortage has also triggered an energy crisis as the country is unable to pay for the import of fuel. The fuel shortage in the country has driven prices of petrol and diesel up to unmanageable levels, and people are forced to queue up outside fuel stations daily.

The writer is a former Indian Foreign Service officer and ambassador.