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News
Sri Lanka fuel shortage
Sri Lanka fuel shortage News
Sri Lanka
27 Jun 2022
Sri Lanka runs out of fuel with not even one day of stock left
Sri Lanka will shut schools and only allow fuel supplies to services deemed essential like health, trains and buses for two weeks starting Tuesday, a minister said, in a desperate attempt to deal with a severe shortage.
Sri Lanka Economic Crisis
25 Apr 2022
Sri Lanka's economic crisis deepens, people likely to face severe power cuts
The Ceylon Electricity Board announced that there will be a 4 hour and 30-minute power cut for three days The power cuts are due to the lack of sufficient fuel and water to generate electricity Economy of Sri Lanka is in worse situation since 1948 when it gained its independence from Britain
Sri Lanka Economic Crisis
23 Apr 2022
India extends $500 million credit line to Sri Lanka for fuel purchases
India gives Sri Lanka an extra USD 500 million credit line for fuel imports Sri Lanka's foreign exchange reserves have taken a significant hit in recent weeks India also agreed to postpone Sri Lanka's payment of USD 1.5 billion to the Asian Clearing Union
Sri Lanka protests
20 Apr 2022
Sri Lanka protests: Curfew to continue in Rambukkana after violence
Police chief Chandana Wickremaratne told reporters that the police curfew imposed in the area would continue. The death of a protester was the first during the ongoing protests over the worst-ever economic crisis in the country's history. Top bureaucrat of the public security ministry Jagath Alwis said the protesters tried to set on fire a fuel tanker having 33,000 liters of fuel.
Sri Lanka Economic Crisis
19 Apr 2022
Lanka PM proposes to amend Constitution to create accountable administration
A statement issued by the PMO said that Mahinda Rajapaksa intends to propose a new Constitutional Amendment to the Cabinet. The stock exchange has also been suspended for a week with effect from Monday. The state power entity said there will be four and a half-hour power cuts on Monday.
Sri Lanka Economic Crisis
16 Apr 2022
Protests, fuel shortage and powercuts: Sri Lanka's economic crisis IN PICS
A massive crowd continues to remain gathered at Galle Face, the main beachfront in the capital Colombo, outside Sri Lankan President`s secretariat to protest against Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa amid the economic crisis in the country with agitators at the protest site terming the government tyrant and full of nepotism.
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