The Indian Ocean island nation’s government committed the country to 100% organic farming in 2021.
Can you guess what happened in between banning agrochemicals and 200 rioting Sri Lankans being shot dead in the streets by security forces?
Within six months of the ban, rice production in the country—a once very sufficient industry—dropped 20 percent, forcing Sri Lanka to import $450 million of rice to meet supply needs and surging rice prices rose nearly 50 percent.
Now, Sri Lanka will pay farmers across the country 40,000 million rupees ($200 million) to compensate for their barren harvests and crop failures. In addition to the funding, the Sri Lankan government will pay $149 million in price subsidies to rice farmers impacted by the loss.
Formerly self-sufficient, taxpaying farmers were forced on the government dole — by the government.
Sri Lanka went woke and now it’s gone broke with enough gasoline to last “for a single day.”
“The Ministry of Finance” of the Democratic Socialist Republic “is finding it difficult to raise $5 million required to import gas,” new President Ranil Wickremesinghe told his hungry and broke nation on Monday.