remain, i'm finished. christina kid with president of argentine from 2007 to 2015 with the with president before she's the current vice president. i strongly rumored that she's likely to one again for the top job in the election next year. only of course, if he's found not guilty, the prosecution in latin america reform a presidency. coleman, usually under incoming governance in brazil, louise enough eula, the silver april morales and jenny, 9. yes. in bolivia, roughly a career in ecuador, and here in argentine, morris, your mac, re, they all say the victims of political persecution, some and behind bars. others get off to return to the political fray. then for the roger's era, what osiris in cuba, monday monks, the 1st delivery of nationwide anti government, protests, demanding, social, and economic reforms. police and special forces have been patrolling the streets of havana. cuba says the u. s. was behind last year's demonstration. the largest of

the scenes is fidel castro power in the 1950s. now the us state department says 700 people arrested during last year is protest, remain in prison. now the 1st image has been released from the world's largest and most powerful space telescope. the picture taken by the james web space telescope, his brimming with distant galaxies, installs its police. some of them performed soon after the big bang. 13.8000000000 years ago that assess, is the deepest look into the cosmos ever captured. ah, he'll. she lived there with me, so robin in the hall, reminder of our top new stories. the un security council is expected to vote on the draft resolution to extend vitally deliveries to a rebel held area of northwestern serial. on tuesday. the mandate for the aid

operation expired on sunday after russia, vito, the one year extension or diplomatic added to james bass has more from the un. lots of negotiations continued all weekend long to try and resolve this because the deadline has now passed. there is no way currently it is legal for the us to bring in aid across that border crossing. now you remember that on friday that was a show down. there was most the security council supporting the idea of a 12 month extension to that border crossing russia saying no 6 months only. well, what are they agreed on to try and come up with a compromise? and i believe they'll be a vote lightly. early on tuesday here the un slunk of parliament because as a new president will be chosen next week, it follows unprecedented protests where tens of thousands of people stole the residences of the president and the prime minister. both of agreed to resign. after being blamed for the countries was to economic crisis in decades,

ukrainian or full since they've, they've blown up a russian military, ammunition depot in the city of nevada. hope car. the explosion has damage residential buildings near by. the number of casualties or injuries is not yet known. hundreds of moments in japan of attended awake for the former prime minister sions all day in the capital took care outside the temple. people were sealing flowers. are they was assassinated? welcome painting at an election rally on friday. a private funeral is scheduled for tuesday. there's the headlines, monet's in half now to stay with the inside story is next. ah. one can protest is occupied the homes of the president and prime minister,

but neither men has officially resigned their on negotiations to form a unity government. but will they have answers to the huge economic and social focus? this isn't fun story. ah no work in the program, i'm him wrong card people in silica say it's time to take back control of their country. they protested for months against the nation's worst economic crisis in 7 decades. many blame at present go to buy a roger pox and his family for years of corruption and mismanagement events escalated on saturday when demonstrates his storm the homes of the president and prime minister. they're refusing to leave until both men officially resign, present roger packs, and prime minister running with rum,

a single. i've promised to step down, but they haven't done so. the governor, the central bank, says if the political instability drags on it could delay towards the international monetary fund for a bailout. now we'll bring it, i guess in just a moment, but 1st this update from an l. fernandez in columbia. as you can see around me, the party atmosphere continues. i'm at the presidential secretary at the president office. obviously present, gotta be roger pox. i had to move out of here about 3 months ago when that campaign gotta go home began continuously just outside the. a visa, fences and dad, just on the 9th of july, you had that big march, tens of thousands of people converging on colombo, overrunning the president's official residents. also the prime minister's residence of the burning of the prime minister's residence. now you have a long stream of people coming in to visit all these properties. as you can see,

they're taking a chance to come in and see how their leaders functioned. but obviously a huge challenge ahead of sri lanka, r as a we see this prospective change of, of power. obviously that has to be formalized, but we've got a massive economic crisis. unprecedented since the independence in 1948. there's fuels food, meds, and shortages because the country has no money to buy these things. the central bank governor has said that there has to be political stability very quickly in order to have the international community, the international monetary fund with whom negotiations are taking place in order to ensure that that support comes in, that that must happen, political stability. and that issue lancoste challenge right now, when i fernandez for inside story. now the roads impacts

a family has been in politics since then. 19 thirties may hinder roger packs. i 1st became president in 2005. he appointed his brother, got the buyer as defense, secretary and placed other family members in senior positions with a buyer one the presence in 2019 and appointed. his brother may hinder as prime minister a year later, it's believed the brothers control up to 70 percent of so long as budget a one point. the family denies this, but inflation is now have 55 percent and could rise to 70 percent in a few months. and the government's run out of foreign reserves to buy fuel and medicine. ah, leslie, in our guests, they're all joining us from selling his capital colombo nation. to mill is the economist, an executive director, very tight research garrison. wagner. roger is a senior research associate for the overseas development institute o. d i global and vena con v j or dana is

a former deputy governor of the central bank of se lanka and economists for the daily financial times a warm welcome to you. all. i'd like to start with the ignition condition. we, we are, we have a situation where the prime minister and the president are to have disappeared effectively. we don't know where they are. exactly. they have said they're going to resign. but under the sir language constitution, they can't resign until they give a letter to the speaker, the parliament. so effectively, they're still in charge of a banking on the fact that these prep, these protests may, will dissipate and they can remain in charge. i don't think so. i think we have now a process where these leaders are exiting the scene and we will have a new government, unintended government that should be formed, hopefully on the 28th of this month. and that will be a president hopefully coming through election from parliament and then some sort of a jane cabinet. my hope is that this is a very slim down cabinet that will stay in power for

a limited period after which we will have some elections and a new mandate for a government for a long period in the internet. this injury and government must continue with the i have program which is essential for she longer to come out of this crisis and ensure that we have a proper democratic transition with a respect for the rule of law. well, let me bring in no vehicle here. this is something that certain kids have been worried about for many decades now. this idea of corruption, this idea of a financial mismanagement of the chickens coming home to roost effectively. was this always on the coats? yeah, i think the percentage is an increase that it had just described. it's a very accurate situation. and all we will look for is restoring all months to be caught. and that could be a task for the new will government. that is to be fog because they like to start,

i think from correct from, from the correct way. and that's the retarded the some of the people i saw you in the country, they may not be able to meet both expectations. and i see them to clearly re announce plan, but now i think i'm lying for people to understand what, what kind of delivery would be made by the new government. so that must be a necessity for that new and driven continuous dialogue with the people of the country and also keep them into confidence with the new government plan. so these are going to meet the new when driven government. we like to increase the next 6 months time period until the conduct

a another election to enable the people to own nissan, to mil connie's talking about that seems to be managing expectations. often when we have protest movements, doesn't matter where they are in the well the protesters expect a magic bullet and everything to change overnight. that never happened. so managing expectations is absolutely crucial. but what are the challenges for this incoming government? so 2 things i think are quite critical. liam brown. thank you for bringing a thing. one is of course, dealing with the immediate shortages of poor ah, and the power cuts that are in the country that's really causing difficulty for people's lives. and i think the failure in the current government is not only that they isn't adequate supply, but there isn't adequate belief that the available supplies are being given out in a rational or uncorrupted manner. so simply managing it to well and telling people

the truth and setting proper systems of distribution is already going to be an improvement. the 2nd, the most important challenge i think is to deal with the deepening poverty. we expect poverty in sri lanka to rise above 50 percent by the end of the year. and it is imperative that trend and can look at cash transfers for the poor and fine mechanisms to target the poor properly. we think that looking at electricity consumption is a great way to do that. and the technology is available to directly to deliver support to people. and these are solutions that are available. and i think the comment government's a sense of mismanagement and corruption, but preventing even possible solutions from not being implemented at the cut at the proper time. and a change in government will build the kind of credibility and hopefully a little more competence at to, to help sri lanka move in the right direction. even though the results are still

slow and long time coming regulation or what we're talking about now, then seems to be this idea that there are, there are concrete steps you can take this idea of managing expectations, communicating with the country and having some easy fixes, but there is a fly in the ointment we have these talks going out with international monetary fund right now. whenever the international monetary fund get involved with, well, bank get involved in a crisis. they often introduce austerity measures, which actually impact the most pool of that country. and again, the anger rises. where does the i am effort into all of this. so essentially the i'm, if team was here a couple of weeks ago and have left and a staff level program needs to be worked out. we understand that some of the details of this program ought to have tax rises across the board. a 2nd lead to make sure that the interest rates are much more realistic, which means i'll put pressure on interest rates to try to reduce inflation. and

a 3rd measure is anti corruption measures to ensure that the administration works better and state enterprises are more comfortable. now one very important aspect of design their program is that they're not trying to think of too much with state expenditure, which will stay at quite a reasonable level. doesn't showing that the anti polity program that the country has a will be maintained. it's not a perfect program to some of the program, but can give us some relief to the pool. on top of that, we have to have what nissan was talking about, which is what they call conditional cash transfer or to the port of people. and that should come through with some assistance from other multi lateral donors. now, i believe that it is hard to target this kind of program on the porters because our targeting mechanisms on perhaps so well developed. and so if we do these things right and gradually get the economy on some stable, fucking a,

some kind of return to growth america this year we will have negative growth, which would be a terrible phenomena for us. but hopefully next year in the year after we have some kind of growth and growth is a very powerful mechanism for this country to gradually create the jobs it needs for its youth. and also gradually create some kind of return slowly to of sort of a prosperous country. and i think this is do it. but if we do the right things right now. now of course, political will is essential. this new government will have huge expectations. a point this government will have huge expectations as quite a strong statement there from an issue that let's just talk to via con, the moment. often when the i m f get involved in this. of course i do want to ask you because you were the deputy governor, the central bank, austerity measures are brought in. we're told my taxwise is that and things of that nature. it's often the middle class that get hit with those things are slunk as middle class is already under attack and has been for certain, you know,

several years now because of the corruption in the country. how much of this is going to impact them, and how much of this is going to be unpopular amongst voters? then of course, not only that media from the kind of the peace, but of all it ain't gotten a letter in the line we'll be affected by the new or steady to progress each or you may be planning, give been treated. as i mentioned earlier, it's preparing for and then they will go on monday to communicate with the people that could get done deal at early day. yup. the mill method that they are going to implement and for that purpose there to get the with john. but now the why not the require michael david bit respect getting we get to be going to determine for the unit. but there are any other requirements you may press to stand on.

one important thing is that i would like to get, which means that the, by get it, let me bought when affordable by increasing the revenue. that's less expensive. what will the be? now, in this case, they will government. that is to be optically, hopefully we'll get dark because he mc, actually did they, did they get a job, but the cars are 3 and we have a consolidated funding, delete. all the money of the government would be be credited and all that could be done by debating that particular conflict at that particular digit pod, negative. it's all drawn to the extent of nearly 2000000000. got to be you know that that is again, me. i mean,

why don't be 1000000 be had to be i had been overdrawn by the government by the overdraft from the did best to get that. the government are in fact nigga deal and they're the new government could start for the negative point again and couldn't work it up. what to do, please. yes. and the biggest got that the how to accomplish during that period. i have to say all 3 of you sound like your very realistic about what the future holds . barrows, i seem to be quite health. hopeful if you know the government can manage expectations, a big communicator, if it takes certain measures, then perhaps this is a crisis that the government can get itself out of the new incoming government can get itself out of. but i want to talk about the old government mission, the mil. how did the roger packs is managed to mess up? what was quite a strong economy so spectacularly. so i think that what we can see and learn from sri lanka, experience is that

a few wrong moves unchecked. can lead a country into very dangerous irrevocably downward spirals in terms of its economics. take one example, are the president band chemical fertilize all the night and claimed that he was going to make agriculture based exclusively an organic on organic fertilizer in one year. that was a crazy policy by any account. and i think the an accountability of the president that he ruled as if he was running an authoritarian state, allowed him to take very bad policies and prevent the democratic mechanisms to correct them. we know that, you know, one of the things that democracies are good at is preventing extremely bad policies . that's why famines never occur in democracies. ah, and i think the unchecked bad decision making on tax cuts on continuing to pay

creditors while reserves we're going to 0 on banding chemical fertilizer and destroy productivity and agriculture sector. all these things compounded add to bring st lanka into this disastrous economic state, that it is now an undergirding. there is corruption, an out one of the things we must ask of the i m f. is that it is macro critical. i to deal with corruption if you want to fix the sri lankan economy or we will be back where we are in a few years time. ah, the attorney general approved and reliable and in political capture by reversing much of the indictments against politicians that were already in court. oh, so we need an independent corruption, prosecuting office. i said, declarations cannot be secret thy m, f in many countries has asked for them to be transparent as a condition of its support. and 3 lunk, i will need

a like this is the last thing i'll say, an antique corruption office, that is supported by an external agency such as the united nations. because reluctant politicians and bod sites have so far proved and reliable. when it comes to taking action and corruption and taking action and corruption is a fundamental part of the fits. but the straight line can economy going forward. good ocean, seeing the raja perks is in the dog, seeing this anti corruption called take place. people held accountable court cases happen is that a dreamed you think that can happen? no, i don't think so. i think it's possible to change institutions and structures as we have seen in other parts of east asia, on this issue of foreign aid and assistance that we are going to get both humanitarian and i m f. we have to make sure we do 2 things to ensure that this is properly effective. the 1st is we must make sure that all of this aid goes right throughout the country,

that it goes right from jeff nanna to the east coast to the deep south, to the central partition that shouldn't just be provided to colombo and gunpowder, which is the central part of the country with economic center. the 2nd very important thing as the sean has said, is that the aid should be fully accounted for. every dollar that is given to she lanka should be properly accounted for and looked off to and there should be very, very low admin overhead on that money. and certainly the siphoning off, which had occurred in the past would be very carefully check the risk if we do not do this properly, is that countries where tax payers are providing money for she lanka will get fed up with us and they will not be so generous, and that will be a humanitarian disaster for sri lanka and the people of felucca. so one expects this new government to have very, very strong anti corruption policy. and be very honest with the people about how it's spending 40 need, not just for the people, if she lanka, but also for 40 knows whose taxpayers are providing funds for sri lanka to rescue

it from this calamity that we ourselves had brought upon us. at least partly vittacore we're talking now about a strong and t corruption policy. surely a part of that is holding the people who work corrupt to account putting the raja paxis on trial. do you think that could ever happen? well it of course you're not. there is another day may send out just mike for the bailout becky that you are in relation or meet the message about a week ago or had a know that there are 3 should be satisfied by 3 love to get this one need look at their back to be maybe number 2, what was that you can have been explained to good one is be the that's would be the one

to be implemented by 3. you know that you pay or that you know. so what it means is that new belmont had no choice. what were the difficulties that they would, they would have got what and i legally fall at the new found they had they had been kept by the politician in the past that yet it will be pretty that the same time the noise, but they just need to be pretty and be caught up to what we have, what had been the power to be diluted by the amendment to do that which more time than that. so all these things like he was very quickly in order to enable a lot of that door. not because that that isn't had very correctly did that. in addition to the i even money we need to do what they did or if these things are not, i don't think that you may be an aide. we're going to create

a mission. i've covered the middle east and south asia for many, many, many years. i've seen what the m s can do when they do come into a country. they come in with everything that you guys have just said they come in. they'll start, as you mentioned, and corruption, me as the promise of a lot of money coming in. and then they are faced with a government that simply doesn't che, and now your thesis seems to be that this next incoming government, although it has a challenging assigns, can change. but there's a lot of people that are looking at sir lankin now going. it's still a lot of the same faces that will be in charge. can this govern change? thank you, brand, and it is a very serious concern. that's reluctance, i don't trust whilst i lament koreans, and i think for the sake of the credibility of government, it's not enough for the government to change. leadership enhanced a dear. we need an election and we need it as fast as possible. it is only a newly elected government in which new people were part of the protest can also

compete and come in to parliament that you'll finally have adequate legitimacy in sri lanka. don't drive the reforms as well as the measures that are needed, vacant, mc recovery going forward. i think that the house of our politics, which has been seeped in corruption incompetence is what young people have decried to day and day need a chance to exercise their what to say and say we want something different and, and that is the cry of the people which i think has to be heeded as soon as possible. gression are there is the argument who made this her lanka is a robust democracy. it does have democratic procedures. institutions in place. is it robust enough to do what the 3 of you are saying needs to be done? i think my sense is that we have to at least try to try to create

a new beginning for sure lanka. and i personally see street and guys a kind of a post conflict state which is still having the legacy of a long 30 year old conflict. and it's institutions have been affected by this long conflict. and we are now trying to rebuild going forward. and in that process, we're going to have to do something very rapidly. you know, one of the really terrible things that i'm seeing is the long queues at the passport office, where the young people are like a want to leave. i mean, there are those protesting but most of the skilled on leaving, and that's a terrible tragedy for a country that has an aging society. and if this continues, we will be much poor in the future. so i think there is no choice but for us to actually begin to reinvent. and i think we need to have a smaller government in the future. a government that's much more capable of delivering public services, providing the rule of law and proper macroeconomic management. and the private sector will have to also play a much more responsible role going forward and then have to be a lot of emphasis on corporate governments and corporate social responsibility. so

i think we need to begin to think about a new social contract and also enforcing the democratic principles that we want. and we have to avoid capture either tony capitalism or a governmental capture in the way that we've had in this last period. the roger pucks, the family, basically rooting the roost. our thank all our guests mission and develop a roger. and if your acount v j were then a and thank you to for watching. now you can see the program again, any time by visiting our website out there. don't come in for further discussion. go to our facebook page at facebook dot com, forward slash ha inside story. and you could also join the conversation on twitter . handle is at a j inside story for me, and we're on con in the entire team here. and so i for now ah,

a deputy with montgomery ideals, the french republic, islam for a claim. but just what is modern? france in a 4 part series. the big picture takes an in depth episode 3 on al jazeera with well. busy how much will we have to pay you for $1.00 of each of the scale modern slavery in the u. k is enormous. we're just seeing the tip of the iceberg. we had something called the modern slavery act. i've just been sort all the rhythm. don't

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