The Sri Lankan economy is currently having something of a major crisis. This BBC report points out they are about to default on major international loan payments:
Sri Lanka crisis: Government requests emergency financial help from IMF
While the mainstream reporting doesn't mention the underlying causes of the crisis, some commentators have claimed that this crisis was triggered by a government decision to ban artificial fertiliser and promote organic farming. For example, this blog from the Adam Smith institute points out:
Imagine devoting your energies to an insistence upon a more land hungry, less productive form of agriculture. Then finding out that when it’s actually implemented it turns out to be just that, more land hungry and less productive.
The blog quotes a Guardian story that claims:
Sri Lanka is grappling with the worst economic crisis since its independence in 1948, and foreign currency reserves sit at their lowest level on record due to what many see as gross economic mismanagement by the government. ...
For the farmers of Sri Lanka, their problems began in April last year when President Gotabaya Rajapaksa, who now stands accused of pushing the country into financial ruin, implemented a sudden ban on chemical fertilisers.
Is it true that the current crisis was triggered by a push for organic farming?