|Siri lankan's economics crisis an alarming call for Pakistan|

in hive-136998 •  3 years ago 

On February 23, 2022, the first scary issue arose. Oil carrier arrives at Colombo port with 40,000 tonnes of fuel (petrol) Bank of Salon was supposed to pay petrol but the bank ran out of dollars. The Finance Minister was contacted. The Finance Minister spoke to the State Bank but had only $2 billion and $300 million and was also not in the form of currency
So Sri Lanka could not buy petrol and the ship left for India with petrol' It was a start of Sri Lankan bankruptcy and then soon mahatma buddha's favourite country went completely bankrupt in 49 days and Sri Lanka declared itself bankrupt on April 12. We have heard only the word 'we are not at all aware of its consequences and reactions'. I often hear people say, "What difference does it make if we go bankrupt?" A speech by the late Maulana Khadim Hussain Rizvi is still on social media in which he was saying, "Tell us whatever country asks us to return your money, let's say it, and if they don't obey, tell him, "Lo phir aaya jai ghori" I also heard people say wah wah and subhanullah' subhanallah on this speech.
It also proved to be voices We are careless people of the world of facts. There were millions of people in Sri Lanka, too, saying, "What difference would it make if we went bankrupt "But the most people are crying today." There are demonstrations on the streets and government offices and personnel are being targeted. Magar, this official and government departments What can you do now؟ The whole country is hesitant at sea like a broken boat at the moment and there is no one who saves and supports it all over the world, if you are to understand bankruptcy So you see a few examples, Sri Lanka needs three thousand megawatts of electricity while the power generation capacity is 4 100 MW but 80phibic power from thermal powerplants Born and these plants run on diesel' furnace oil and coal 'for them should be dollars and Sri Lanka does not have dollars so powerplants are closed and as a result the country I carry 7 and a half hours of daily load shedding, not electricity all over the country from 8 a.m. to one o'clock in the morning and 8:30 p.m. and television due to load shedding Mobile Phone Services Office 'School' Hospital' Restaurant 'Temrooms and Hotels Close' It will be read and you will have a question of why these institutions do not run their generators؟ They can run but generators diesel 'petrol' run from furnace oil and coal and these facilities are not currently in the country
Power outage does not run tube veal and water motors. Chir has become both major water and sewerage crises across the country. Public transport due to lack of petrol Also closed and rail service is also 'personnel vehicles are also parked in garages or parking lots and streets' children' exams have been canceled because education Copies of the test with the boards
And there are no paper to print the question, not even driving licenses, identification cards and passports because plastic sheets are not imported, 52 of Sri Lanka's exports Percentage of textiles and garments consisted of 'Volium of tea export in GDP was 17 per cent while the remaining 31% of the revenue was spices' precious stones 'convent' from rubber' fish and tourism It used to come to be 'oil closure
Lodshading and defaults have stopped all exports, including the textile industry and tea. If the flights are closed, the tourism industry also died. If not passengers, the hotel is not coming, restaurant and restaurant Museums also went on, like Pakistan, a large source of Sri Lanka's financial reserves is immigrants. "As the country's economic situation worsened, Sri Lincoln, a resident of other countries, has ruled out Also stop sending money
So the crisis has escalated and today Sri Lanka is looking at the whole world with needy eyes and no one is ready to hold his hand۔We now come to this question, how did Sri Lanka finally get this situation؟ We put the cold political reasons on the side and see practical things, Sri Lanka is a rich country with natural resources, 'produces the best tea in the world's dense The owner of the forests is the stronghold of Buddhism, so there are also treasures of poor tourism, the world where spices are also born
Sri Lankan's cinnamon is famous all over the world. If it comes to the textile industry, the world's famous brands became customers. The four sides are surrounded by the sea so all kinds of whole kind There is also a beach and hundreds of resorts and hotels on these beaches. 92 Index 3% of people have read 'Birds also read daily newspapers' The oldest library in the subcontinent in the city of Gal Is
It was built by the Dutch ship thighs in 1832 and still operates today. A tooth of Mahatma Buddhist is placed in the city of Candy and the Buddhist monk from all over the world is his Candy comes to visit. Sri Lanka was the first country in South Asia to liberalize its economy in 1970 and Sri Lincoln is very neatly 'displanned and gentle There are also people. They have no competition in the field of hospitality but then what happened that led Sri Lanka to go bankrupt؟ There are six reasons for this
The first reason is debt. Sri Lanka was addicted to debt like Pakistan. It also borrowed for fresh air. This debt grew GDP It has fallen to 119%, that is what you are earning, and with it 20% more are in debt installments, so the country is like us paying off the debt For the sake of borrowing, too, the second reason was that like Pakistan, Sri Lanka's budget and trade deficit increased, that is, as much as they were budgeted, they would spend more than that And the more they were from exports, the more money they spent on imports
These people also sold less and bought like us 'The third reason was our PIA and steel mill in Sri Lanka like 502 white elephants on which the 20th part of the budget was on It was spent. "These institutions had political recruits." There were only twenty people to open and close office locks. These elephants were too high but back some Didn't
The fourth reason Sri Lanka's trade policy was very good. This was the first South Asian country to open its economy to the global market but like Pakistan The industry and trade were also humiliated by the bureaucracy. One foot factory owners was in the factory and the other in government offices, the billionaires were also general government offices The exporters were sitting in the exports, "foreign companies also came to Sri Lanka but the workers of the bureaucracy
He returned due to bribery and negative behavior, so Sri Lankan Businessmen could not develop because of the bureaucracy and also sat in Hong Kong Malaysia and Taiwan."The fifth reason Sri Lanka has been plagued by 26 consecutive years of turmoil and civil war," the Tamil Tigers began the war in 1983 and continued to fight until 2009." The war caused the country's economy And shake the roots of the three armies, and the fresh inventors of suicide attacks in the world were also Tamil Tigers, "c suicide jackets were made by them
Sri Lanka, with the help of Pakistan, overcame this monster in 2009, but took everything from the country as it went and the sixth reason is the education in Sri Lanka, but Pakistan Like practical education is not equal to being 'People have degree holders. They have no skills, so like Pakistan in Sri Lanka everyone in the job application pocket He was putting up and the result came out in the default۔
Looking at the example of Sri Lanka, you now understand that no nation in the world is the favorite of nature. "The children of Israel were the beloved nation of Allah Almighty but also when he did so when he did not If the nature system was violated, it was also humiliated for thousands of years. "We Muslims have been infanting for 140 years
Why؟ Because we are also reversing the nature system, remember that if Allah Almighty did not help 22 Million Sri Lankan, then the incompetent is in the midst of cheapness and incompetence There will be no unseen aid for the 220maline Pakistanis and you remember that we are only five months behind Sri Lanka and we if in those five months ourselves If not saved, after Sri Lanka we will be the next bankrupt nation
And if the Goddreams fall into this pit, then we have to pay the first price to get out in the form of a Godar and a nuclear program and then the second 'third And there are fourth prices, so there is no room to be handled۔I request the Army Chief and the Chief Justice to move forward. Make a national agenda and save the country from bankruptcy or then someone in this country from someone There will be no hiding respite۔

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