On the evening of May 3, the atmosphere at Galle Face Green, an esplanade along the coastline of Sri Lanka’s capital city of Colombo, was carnivalesque. Parents strolled on sidewalks with toddlers hoisted on their shoulders. Teenagers wearing bandanas played the flute and blew plastic horns. People climbed atop makeshift podiums to address the crowds, greeted by scattered applause.
The crowd of a few hundred was part of a series of protests that had been underway since mid-March, demanding the ouster of President Gotabaya Rajapaksa. For months, the country has been trapped in a brutal economic crisis: Sri Lanka is currently unable to pay for imports of essentials, such as food, medicines, and fuel. Populist tax cuts, an abrupt ban on fertilizer imports, decimated crop yields, and the collapse of tourism during the pandemic all helped to push the country into the worst economic crisis it has faced since gaining independence in 1948.
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Source: Meet the fact-checkers decoding Sri Lanka’s meltdown – Rest of World