Categories
Related Articles
Debt Justice
A PLATFORM FOR WORKING PEOPLE IN SRI LAKA’S ECONOMIC CRISIS On 13th May 2024, researchers, activists, civil society organizations, trade unions, and community leaders came together to launch a platform called YUKTHI. At an event in Colombo, titled “FROM DISPOSSESSION TO DEVELOPMENT: SRI LANKA’S PATH TO DEBT JUSTICE,” YUKTHI was launched as a plural forum to support working people’s movements and struggles for democracy and justice in Sri Lanka. This alliance aims to promote better understanding of working people’s experiences, and critical analysis, and alternatives to neoliberalism, in Sri Lanka’s ongoing economic crisis. As Sri Lanka has only postponed its unbearable repayment of private andbilateral debt (with interest) to 2027; and is predicted to default onits foreign debt in the near future, leading to yet another IMFausterity programme, YUKTHI seeks to build a broad movement for debtjustice in Sri Lanka. It argues that the government’s debtrestructuring plans in the context of the IMF programme is no cure forSri Lanka’s sick political economy; and only attacks thesocio-economic rights of the working people while redistributing theirfew remaining assets and resources to the ruling elite....
mhadminMay 8, 2024 
Leave a comment