Colombo, 31 December: The situation of the currency crisis in Sri Lanka is severe, causing political, economic and social turmoil. Furthermore, this currency collapse caused food prices to increase by 100% in two years. Amid all this, President Ranil Wickremesinghe sought support, The Island Online reported.
In Sri Lanka, about 40 percent of households depend on agriculture for their livelihood. From June 2022 to December 2022, two in 10 households experienced a reduction in income. According to The Island Online Sri Lankan English-language daily. Death toll in Cambodia hotel casino fire rises to 24, dozens more missing (watch video).
On top of that, the wages and incomes in the country cannot cope, making it difficult to afford food. Furthermore, The Island Online reports that in Sri Lanka, it usually takes about two years to recover from a currency crisis.
“Immediate action to provide farmers with quality seeds, fertilizers and pesticides will enable them to protect their livelihoods and feed their communities. Cash assistance to the most vulnerable farmers, livestock keepers and fishers is also important so that They were able to restore productive assets and recover them quickly,” said an FAO report.
Agricultural production has declined since mid-2021. As the country faces severe shortages of fertilizers and other essential production inputs; livestock breeders have no access to feed and basic veterinary supplies, and fishermen have no access to fuel to motor their boats, The Island Online reported.
Island Online quoted President Wickremesinghe as saying that on December 16 this year he asked for the support of everyone, except political differences. He emphasized that everyone should forget their differences and devote themselves to national economic construction. Russian refugee and Putin critic Andrew Glagolev spotted begging at Bhubaneshwar railway station; detained by Odisha police.
He said: “There is a possibility of food shortages in 2023. We have launched a food security plan to deal with this. I propose to the secretariats of the divisions to review the implementation of the plan again. Here you have new data. So, We are doing food safety planning in a formal way.
The scheme will not end after 2023. We will continue to do so. Local councils have representatives from each political party. But we all have to implement this plan together,” The Island Online reported.
Wickremesinghe also mentioned that they have been able to provide the fertilizers farmers need. With the success of the harvest, they have more than enough rice. Although they have found problems such as insufficient storage facilities.
“We are also trying to solve these problems. At the same time, we have taken measures to control the price of paddy,” he added. These steps may allow the country to recover from food shortages and economic problems.
(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)