Quote from: TheCoinGrabber on Today at 04:05:47 PM

Quote from: istiak2277 on April 12, 2022, 07:16:49 PM

Quote from: TheCoinGrabber on April 12, 2022, 06:48:33 PM

Quote from: DVlog on April 12, 2022, 10:50:26 AM

Besides that, some bad decisions from the govt like forbidding tp importation of fertilizer to produce organic foods create food shortages in the country. Mostly covid and govt is to blame for this current situation in Sri Lanka.

Wow that's the epitome of government mismanagement. What stuff do Sri Lanka export en masse that need to be certified as organic anyway? Even if that is the incentive, then just keep the organic fertilizers for those and allow the farmers to use what fertilizer they want for the other crops.

The funny thing is that their Prime Minister is a big fan of organic food which is why he has forced the farmers of his country to produce organic food. His government stopped fertilizer import without considering alternative food sources or checking their plans, which halved crop production. As a result, the government has to spend a large portion of its foreign reserves on food, which has further weakened its economy. A total mismanagement from the government.

I'm assuming they weren't self-sufficient with food to begin with and I bet they didn't even increased imports beforehand to enlarge their buffer stock. Clearly the problem when strong men politicians make rules based on their "preferences" without having it pass through studies first is that the project bombs.

I have heard that their PM didn't consult with his cabinet members before taking such decision. Because of his arrogance food production in sri lanka cut to half that year and they had to import a large quantity of food because of food shortages. That further suck their already fast falling reserve. Now they are asking other country to do trade with their native currency which i am sure many won't agree with.