Sri Lanka’s fuel stocks will last for about five more days, its power and energy minister said. Sri Lanka is awaiting official confirmation from the Indian government; for a new $500 million credit line for fuel. The prime minister said there was only enough petrol for one day. Chronic gasoline shortages have increased this week; … Read more
Sri Lankan Prime Minister Ranil Wickremesinghe spoke with Kristalina Georgieva, Managing Director of the International Monetary Fund. The talks came after Sri Lanka resolved to seek IMF help to deal with the current crisis and restructure its foreign obligations. Sri Lankan Prime Minister Ranil Wickremesinghe spoke with Kristalina Georgieva, Managing Director of the International Monetary … Read more
For an important Buddhist festival, Sri Lankan authorities lifted a statewide curfew on Sunday, but celebrations were muted as the island nation’s new premier tried to find his feet and deal with a growing economic crisis. After attacks on nonviolent demonstrations by government loyalists, a statewide stay-at-home order has been in effect for much of … Read more
Sri Lankan physicians warned on Sunday that life-saving drugs were running scarce and that the island nation’s economic woes were threatening to kill more people than the coronavirus outbreak. Weeks of power outages and acute shortages of food, fuel, and pharmaceuticals have wreaked havoc on Sri Lanka, which is experiencing its worst economic depression since … Read more
