Sri Lanka crisis
Sri Lanka down to last day of petrol: PM Ranil Wickremesinghe
Colombo/UNI: Sri Lankan Prime Minister Ranil Wickremesinghe has said that his country is down to its last day of petrol as it faces its worst economic crisis in more than 70 years, BBC reported.
Prime Minister Ranil Wickremesinghe in a televised address said that the nation urgently needs $75m of foreign currency in the next few days so that it can pay for essential imports, adding that the country's central bank will soon have to print money just so that the government can pay wages to its employees, creating a situation where the country's money was getting devalued.
"At the moment, we only have petrol stocks for a single day. The next couple of months will be the most difficult ones of our lives," said PM Wickremesinghe in Monday's address, adding that the shipments of petrol and diesel using a credit line with India could provide fuel supplies in the next few days.
The prime minister also announced that they have decided to privatise state-owned Sri Lankan Airlines.
People said that they have been searching for fuel before daybreak since Monday morning, as most of the fuel stations were closed.
The situation outside the capital was even worse as people had to wait longer in queues to get fuel.
There were long queues of auto-rickshaws, which are the most popular means of transport in Colombo, and other vehicles were seen outside petrol stations around the capital.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
