SRI LANKA PROTEST

Workers protest against proposed labor laws in Sri Lanka

epa10767424 State and Private sector workers shout slogans during a protest against the government's domestic debt restructuring process and proposed new labor laws, in Colombo, Sri Lanka, 25 July 2023. Hundreds of State and Private sector workers stage a protest against the government's domestic debt restructuring process and proposed new labor laws in the capital Colombo. They 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 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. EPA/CHAMILA KARUNARATHNE

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