Costs hit New Year celebrations in Sri Lanka

Rising cost of living means country's festivities for its New Year will be less elaborate.

    Sri Lankans usually celebrate the coming of their new year with a host of cultural rituals and special feasts.

    But due to the rising cost of living the festivities are a little subdued this year.

    The depreciation of the Sri Lankan rupee, and inflation which rose sharply following a massive increase in fuel costs, have hit people's pockets.

    The hard times may push some to use up their savings or to get into debt in order to buy things for the holiday.

    Al Jazeera's Minelle Fernandez reports from Colombo.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    The Coming War on China

    The Coming War on China

    Journalist John Pilger on how the world's greatest military power, the US, may well be on the road to war with China.