The country’s economic condition prompted Sri Lankans to emigrate

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Sri Lanka has experienced the worst crisis in its modern history since the beginning of the year. The government has requested emergency assistance from the International Monetary Fund, a team of which is going to go there these days. But in the meantime, life has turned into a daily struggle for Sri Lankans, and all one can do is go to work abroad.

It has just been night in Colombo, and hundreds of vehicles are waiting in front of a gas station. Vajira Kumar has been waiting for 8 hours for the tank of his delivery truck to fill up, and is about to arrive at the pump. , I spend all my day in these queues. When I finally manage to get the gas, it gets dark, and I leave until 6 in the morning to deliver the newspaper, gives confidence to the employee, Then I come back to line up. Earlier, I had another job back in the day, now it is not possible. ,

For two months, each car has been entitled to only 20 liters of gasoline, and the government will now introduce a weekly quota. The state treasury is empty, among other things, due to poor financial management and the Covid crisis. Suddenly, in March, the Sri Lankan rupee lost half of its value, causing the prices of imported products, such as milk, wheat or oil, to explode. And the government doesn’t know how to get the country out of trouble. As a result, all Sri Lankans who can try to leave the island.

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, I never thought in my life that I would go to live abroad. But due to the crisis, I am about to lose my job here. We are working on a public works project, but the state cannot pay us now. So I have no choice: I have to emigrate. ,

brain drain

Between January and May, more than 100,000 Sri Lankans left for work abroad. A starting rate twice as fast as last year. These migrants are more qualified than before, which shows that the educated middle class believes less and less in their country’s economy. The new technology sector, which was growing rapidly, is seriously affected.

, Our main problem is brain drainSujeev Rajkullendran who is the CEO of Eshwa. For two months we are trying to recruit 30 people. We’ve only got one, and it’s going to the UK at the end of the year, So if we want to grow, CEO addsWe need to open subsidiaries in India, Philippines, Vietnam or Indonesia, where we can find employees. ,

In the streets, protesters march regularly to call on President Gotabaya Rajapaksa to step down, to change the real system and restore investor confidence. But the head of state has still refused to shorten his term.

I Also read: Sri Lanka: Serious food crisis in front of country for non-payment

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About the Author: Forrest Morton

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