SRI LANKA PROTEST ECONOMIC CRISIS

Protest against the domestic debt restructuring process in Sri Lanka

epa10741513 Members of the Inter-Company Employees' Union shout slogans during a protest against the government's domestic debt restructuring process, In front of the Labour Secretariat in Colombo, Sri Lanka, 12 July 2023. Inter-Company Employees' Union accuse the government of trying to cripple the Employees' Provident Funds during the domestic debt restructuring process. Meanwhile, Sri Lanka's parliament approved a domestic debt restructuring plan last week to fully fill the International Monetary Fund's (IMF) economic policies and reform strategies. The IMF approved a three-billion-dollar Extended Fund Facility (EFF) arrangement to support Sri Lanka's economic policies and reforms, as the country is experiencing its worst economic crisis in over seven decades as a result of a lack of foreign reserves.

The placards in the Sinhala language read '' Stop Immediately!, Robbery of ETF/ EPF, Under the guise of debt restructuring'' EPA/CHAMILA KARUNARATHNE

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