Sri Lanka: Truth Commission

Lord Bellingham Excerpts

Thursday 1st December 2022 Lords Chamber

[Lord Ahmad of Wimbledon (Con)]

My Lords, as I said, it is important that there are international alliances. We are working with key countries in the region: I specifically mentioned India, which is an important partner, and the Commonwealth has been mentioned. I also mentioned the International Monetary Fund in relation to the economy. We are working with a variety of UN agencies on the ground, including the World Food Programme, UNICEF and OCHA, to ensure that humanitarian issues and priorities are also focused on.

[Lord Bellingham (Con)]

My Lords, last April, Sri Lanka became the first country in the Asia-Pacific region ever to default on its sovereign debt. Inflation is now running at 68%, and the UN predicts that nearly half of the population will be food insecure by the end of the year. So does the Minister agree with me that rebuilding the agricultural sector is absolutely crucial, after the Government’s misplaced decision to ban fertilisers and sprays? What technical help can his department give?

[Lord Ahmad of Wimbledon (Con)]

My Lords, on the specifics, I will certainly follow up on what my noble friend said. I agree with him on rampant inflation, which was at 73.7% in September. Over the last month, it has reduced a tad, but that is nothing to speak of—there has been a marginal single-digit decrease, and I think it is now nearer the high 60s. My noble friend is also right that we need to work on ensuring that food insecurity is addressed, which is why we are working closely with institutions such as the World Food Programme to ensure that this is addressed as a priority.