DebtJustice4SL (@dj4sl) profile picture

Calling for cancellation of Sri Lanka’s sovereign debts. Debt restructuring alone is not a sustainable solution. Reckless private lenders must also pay.

Joined May 2022
Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)Photo by DebtJustice4SL (@dj4sl)
NEW REPORT. Alternative External Debt Restructuring Strategy Framework: Aligning with Sri Lanka’s Foreign Currency Earnings and Capacity to Pay. ipe-sl.org/alternative-debt-… @CBSL @IMFNews @Jayati1609 @debtjustice @eurodad @AsianPeoplesMvt
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Still flogging a dead horse !! @himalkk fails to mention the gross level of inequality, poverty & ecological destruction caused by the neoliberal agenda even in USA & UK. Let’s face it - socialism has not been given a full chance … without being undermined by the global elite.
In a perceptive analysis, @himalkk looks at @JVPSriLanka's role in stifling #lka economic progress for (at least) 1/3 of post-independence period. JVP's contribution to #EconomicCrisisLK is significant, yet ignored or underplayed by left-leaning academics newswire.lk/2025/06/09/left-…
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Astonishing. @FranceatUN making the case the Common Framework is working, reading from an IMF script. Even where CF deals have been made, they've been deeply unfair to debtor countries - this is not good enough! #FfD4 offers the opportunity to do more, i.e creating a SDWM, today.
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DebtJustice4SL retweeted
"The Feminist Economics Conference titled “Women, Development and Social Transformation”, will happen at Sri Lanka Foundation Institute (SLFI) on 5th April 2025 from 9 AM onwards. #feministeconomics #socialtransformation #women #development #SriLanka
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Sri Lanka can navigate itself out of its unsustainable debt position with @NPPSLOfficial receives the technical support it requires from the @cbsl and ministry of finance. @NewsfirstSL @Dailymirror_SL @FT_SriLanka @Jayati1609
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President @anuradisanayake chaired a high-level meeting today on strengthening Sri Lanka's Anti-Money Laundering and Countering Terrorism Financing (AML/CFT) framework. The discussion emphasized reforms and collaboration ahead of the Mutual Evaluation by the Asia/Pacific Group on Money Laundering. #pmd #presidentAKD #SriLanka #AML #CFT #FinancialStability
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DebtJustice4SL retweeted
Check this Daily FT guest column by Charith Gunawardena. If the SL govt had gone to the negotiating table with the popular mandate it has now, perhaps we would have got a better deal.
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Sri Lanka’s new @NPPSLOfficial @anuradisanayake government should protect itself from “hybrid warfare” and “colour revolutions”.
DOCUMENTS LEAKED THIS week reveal that the US is secretly working on a massive political interference operation in Cambodia. Washington is using the exact same methods it used to create civil unrest in Hong Kong in 2019, and Bangkok in 2020, and in Moldova and Bangladesh this year, and a score of other places over recent years. America has numerous units which discreetly provide large amounts of cash, protest guidance and media contacts to Pentagon-friendly anti-government groups in scores of countries. The technique is known as "hybrid warfare" or "color revolution". . ILLEGAL IN MOST PLACES In Cambodia, the documents leaked this week indicate the involvement of multiple units, including the National Endowment for Democracy, George Soros' Open Society Foundation, USAID and others. The shocking details were revealed by The Sunday Guardian, an Indian newspaper, and followed up by the Khmer Times of Cambodia. In contrast to Asian journalists, Western mainstream media outlets automatically cover up, downplay or mislead readers about US hybrid warfare operations, despite the fact that these actions are illegal in most places. The secret political interference operation in Cambodia is being led by "a cocktail of agencies situated in the US and other countries, in collaboration with political dissenters in Cambodia," the Sunday Guardian said. The aim, of course, is to "execute a long standing operation to remove the incumbent government from power and install a pro-Washington face in Phnom Penh." . BIG MONEY The paper published what it said was a leaked email showing that opposition leader Mu Sochua was given at least US$55,000 US dollars from George Soros’ Open Society Foundations that would ensure "Major advocacy will continue till the end of 2024". Another leaked document refers to operations continuing until 2028 and mentions a payment of 98,000 US dollars. . STAGES OF PLAN The stages of the plan show the system is virtually a carbon copy of Washington's 2019 operation in Hong Kong. The plan is to hurt Cambodia by getting the US Congress to pass a "Cambodia Human Rights and Democracy Act", – just like the US congress hurt Hong Kong by passing the "Hong Kong Human Rights and Democracy Act. The plan said it would involve the usual US vassal states or allies in the region: Japan, South Korea, Australia and New Zealand. It said It would "advocate the EU Parliament for resolutions on Cambodia". And it would "push for targeted sanctions by the EU against high ranking officials of the Cambodian government for grave violations of human rights and corruption". They did the same thing to harm Hong Kong. . SOLE SUPERPOWER Why does the US do this? In a 1992 defence policy document, the US declared that it, and it alone, should be the dominant power over the world, and particularly the people of Asia, the biggest portion of humanity. Since then, it has worked hard to achieve this aim, using secret political interference, western media demonization of competitor nations, military shows of strength, economic coercion and so on. But China's alternative plan, offering a multipolar world in which countries have positive relationships based on mutually beneficial trading operations, has growing support. Urgent action is needed. it is absolutely vital that EVERY GOVERNMENT IN ASIA immediately gets consultants who can dig up secret hybrid warfare operatives in their country. If they fail to do this – well, look at Ukraine for the result. If you want help, contact the present writer.
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Sri Lanka too has lessons to learn here. Austerity policies can push the country into the hands of the far-right (or nationalists). @anuradisanayake @NPPSLOfficial needs to carefully navigate the harsh conditionalities imposed by @IMFNews. @IsabellaMWeber @Jayati1609
Economics professor @IsabellaMWeber explains what it means to create an economic policy that protects people’s essential needs and doesn’t push them into the arms of the far right.
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.@IMFNews team will be on a visit to Colombo to meet @anuradisanayake & his team to discuss the latest economic developments & reforms. It’s an opportunity for Sri Lanka to initiate a renegotiation process centred around well-being, fairness & sustainability. @Dr_HariniA @cbsl
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Sri Lanka’s new president @anuradisanayake could now review all details of the negotiations with @IMFNews and make a case for renegotiation. The wellbeing of people takes precedence over interests of external creditors. @cbsl @Brad_Setser @TheoMaret youtu.be/5kEAKJiX6_Q?si=SSFN…
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DebtJustice4SL retweeted
The people of Sri Lanka vote for progressive change, rejecting austerity and demanding a changed approach to the IMF and bondholders, as well as to economic strategies for development. A time of challenges, but also hope!
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DebtJustice4SL retweeted
An election something from me, about the hypocrisy, illiteracy and degeneracy of Lanka's elites & their mouthpieces, all on display (*gestures around wildly at #lka twitter*) with the anti-NPP Red Scare they have, quite needlessly, created for themselves. ft.lk/opinion/Elite-establis…
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An excellent webinar by @yukthitv “I do worry that Sri Lanka is being set up to encounter renewed financial trouble in 5 years from now” @Brad_Setser @imfnews agreement benefits external bondholders over citizens. @erlassjahr @eurodad @debtjustice youtu.be/zFgtwOblz0I
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DebtJustice4SL retweeted
Why I'm voting NPP🧭 indi.ca/why-im-voting-for-th…
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