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Sri Lanka: IMF loan programs makes life harder | Human Right Watch



This five-minute video features Shanthi, a woman living in Sri Lanka who is struggling to cope with both the economic crisis in the country and the loan conditions attached to a $3 billion bailout from the IMF that increased the cost of fuel and electricity and doubled value-added taxes. Sri Lanka, which defaulted on its debt last year, is the canary in the coalmine as dozens of governments are in or near debt distress, according to the IMF.

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Written by Option

Option ist eine idealistische, völlig unabhängige und globale “social media Plattform” zu Nachhaltigkeit und Zivilgesellschaft, 2014 gegründet von Helmut Melzer. Gemeinsam zeigen wir positive Alternativen in allen Bereichen auf und unterstützen sinnvolle Innovationen und zukunftsweisende Ideen – konstruktiv-kritisch, optimistisch, am Boden der Realität. Die Option-Community widmet sich dabei ausschließlich relevanten Nachrichten und dokumentiert die wesentlichen Fortschritte unserer Gesellschaft.

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