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The Indian Ocean island nation’s government committed the country to 100% organic farming in 2021.
Can you guess what happened in between banning agrochemicals and 200 rioting Sri Lankans being shot dead in the streets by security forces?
This:
Within six months of the ban, rice production in the country—a once very sufficient industry—dropped 20 percent, forcing Sri Lanka to import $450 million of rice to meet supply needs and surging rice prices rose nearly 50 percent.
Now, Sri Lanka will pay farmers across the country 40,000 million rupees ($200 million) to compensate for their barren harvests and crop failures. In addition to the funding, the Sri Lankan government will pay $149 million in price subsidies to rice farmers impacted by the loss.
Formerly self-sufficient, taxpaying farmers were forced on the government dole — by the government.
That’s why Wickremesinghe said that “Although the former government’s budget projected revenue of SLR 2.3 trillion, SLR 1.6 trillion is the realistic projection of this year’s revenue.”
Other people’s money always seems to run out, doesn’t it?
The country must import everything from gasoline to medicine, but President Gotabaya Rajapaksa’s all-organic plan wiped out the country’s tax revenues and the foreign currency reserves it needs to buy all those imports.
originally posted by: TheRedneck
a reply to: ketsuko
That could never happen here. Because... uh... because... well... stuff. And reasons!
Besides, you're just a right-winger trying to rain on our parade.
(Been practicing my "woke speak"... did i do it right?)
TheRedneck
It seems 'go woke go broke' is changing to 'go all green and starve'. The new rhyme needs some work.
originally posted by: anonentity
a reply to: ketsuko
During the second world war, certain countries, changed the cars to run on wood gas, screaming and tearing your hair out just causes more problems, whatever happened to just adapting.
originally posted by: TheRedneck
a reply to: ketsuko
That could never happen here. Because... uh... because... well... stuff. And reasons!
Besides, you're just a right-winger trying to rain on our parade.
(Been practicing my "woke speak"... did i do it right?)
TheRedneck
originally posted by: vNex92
a reply to: ketsuko
It appears the regime changes in Sri Lanka hasn't gone well either there.
Wasn't there a regime change a while back in Sri Lanka?
i think the prez took off last week or so. he resigned monday.
originally posted by: MapOfNowhere
originally posted by: vNex92
a reply to: ketsuko
It appears the regime changes in Sri Lanka hasn't gone well either there.
Wasn't there a regime change a while back in Sri Lanka?
I dunno. Googled "Sri Lanka regime change" And looks like they are really demanding a regime change right now. I support their demands, this sucks.
He’s back: Wickremesinghe named Sri Lankan PM for 6th time amid crises
[/quote
www.cnn.com...
posting is quirky.edit on 03/22/2022 by sarahvital because: (no reason given)edit on 03/22/2022 by sarahvital because: (no reason given)