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No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows - Foreign Affairs - Nairaland

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No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows by BethiMcCauley: 10:12pm On Jul 04, 2022
By Thav TV
No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows
Sri Lankan Prime Minister Ranil Wickremesinghe told Al Jazeera last week the petrol shortage will last until July 22 when the next oil shipment is expected. Ranil said a gas deal has been secured which will ensure supplies for the next four months.

“It [fuel shortage] is a big setback to the economy and has caused lot of hardship to people. When we came in, the shortage of dollars actually contributed to this situation. We have been taking steps since then especially to get gas which will be available in the next few days, diesel and furnace oil as well,” he said.

“The issue has been petrol … and that will take a bit of time. We are hoping to get shipment of petrol by July 22 but I have asked the [concerned] minister to try to get the shipment earlier.”

Last week, Sri Lanka announced a two-week halt to all fuel sales except for essential services to save petrol and diesel for emergencies.

“Finding money is a challenge. It’s a huge challenge,” the minister said.

There are reports of sporadic clashes outside fuel stations. Just last week, troops opened fire to disperse a mob protesting against the military jumping the queue.

In Colombo, protesters have been occupying the entrance to the president’s office for more than two months to demand President Gotabaya Rajapaksa’s resignation. Protesting that the President has turned the presidency to family business with several siblings who hold top government positions, of plunging the country into the crisis through corruption and misrule.

The International Monetary Fund (IMF) will continue to hold talks with Sri Lanka for a possible $3bn bailout package, the global lender said last week, after wrapping up a 10-day visit to Colombo.

Source: Al Jazeera
https://thavmedia.com/no-fuel-no-cash-finding-money-is-a-challenge-sri-lanka-bows/
Re: No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows by NwaNimo1(m): 10:14pm On Jul 04, 2022
Mismanagement

[img]https://giffiles./216/216404.gif[/img]
Re: No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows by GeneralPula: 10:25pm On Jul 04, 2022
Many countries have been destroyed beyond redemption..

1 Like

Re: No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows by FreeStuffsNG: 10:32pm On Jul 04, 2022
God bless President Muhammadu Buhari.
God bless Nigeria for ever!

15 Likes

Re: No Fuel. No Cash. Finding Money Is A Challenge – Sri Lanka Bows by lordm(m): 11:42am On Jul 05, 2022
Our own is way better

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