The first challenge before the new government will be to create a minimum consensus among the forces advocating conflicting views in the country. She couldn’t do that So Sri Lanka will be trapped in the vortex.
There was a scene of mass revolt in Sri Lanka. For more than three months, the agitators have been demanding the resignation of President Gotabaya Rajapaksa. But they could neither provide relief to the people from the deepening economic crisis nor agreed to quit, so the agitators adopted a revolutionary method. However, now that a new all-party government is going to take over the power of the country, the most important question is, which way will the country go ahead? Apparently there are deep differences of opinion on this question even among the agitators in Sri Lanka. This is evident from his statements. In the meantime, conflicting things have been said. It is clear that there are conflicting views present in the country at this time. Therefore, it will not be easy for the next government to decide the economic program. There is an opinion that strict fiscal measures should be implemented by immediately restoring political stability in the country. The new government should immediately give priority to economic reforms, which can clear the way for loans from the International Monetary Fund. This is the opinion of the relatively privileged sections of the society. Whereas another group of agitators has issued an open letter warning that the new government should not increase the difficulties of the people by accepting the conditions of the IMF.
Significantly, the IMF has put a condition for restoring fiscal health by increasing the tax on the public and large-scale privatization of public enterprises. It is feared that abiding by the IMF’s terms will result in massive job losses, fall in average wages, hike in water and electricity charges, and further cuts in public welfare works. It will only add to the troubles of those already in trouble. So what is the way? From where will the government get the resources? So leftist organizations are advocating that it should nationalize banks, big companies, tea gardens etc. Government control should be established over production and distribution. Fiscal health should be restored by confiscating billionaires’ wealth. That is, there is no ideological unity among all the factions of the agitators gathered to remove the Rajapaksa family from power. In such a situation, what will the new government do, this is an important question.
