Darini Rajasingham-Senanayake for VT Sri Lanka … with highlighting imposed by The Editor, Thuppahi
The writer, Dr. Darini Rajasingham-Senanayake, is a Social and Medical Anthropologist, based in Colombo, Sri Lanka……. Links to Gospa News articles have been added by our Editorial Staff
In Cherry Blossom lined Washington DC in the glare of global media last week Sri Lanka became the poster child of the International Monetary Fund’s (IMF), Spring Meetings. The strategic Indian Ocean island’s pathetic plight featured on major media and television channels that craft the global narrative, with images of people in queues amid food, fuel, and medicine shortages due to its crashing currency, soaring cost of living and ‘Arab Spring’ style protests.
One of the wealthier nations in the South Asia region and listed as a lower Middle Income County (MIC), Sri Lanka with a population of 22 billion people had just defaulted on her debt payments – for the first time in the country’s history. Global media imaging of the scenic island nation’s financial crisis served to affirm the relevance of the Washington Consensus and the Fund albeit as the “lender of last resorts”.
The timing of the Sri Lanka rupee’s crash against the “exorbitantly privileged” US dollar was as miraculous as the Easter Sunday hybrid war attacks in the tourism-dependent island that targeted Chinese-owned Shangri La and other luxury hotels, which were mysteriously claimed by Islamic State (ISIS) in 2019.
Fabio Giuseppe Carlo Carisio, … GOSPA NEWS director …..webmedia
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