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Sri Lanka to run out of oil today as streets break out into chaos
“We have run out of petrol … At the moment, we only have petrol stocks for a single day,” said newly elected Prime Minister Ranil Wickremesinghe.
On Twitter, Wickremesinghe warned his fellow Sri Lankans that they would face the “most difficult” time of their lives.
“The next couple of months will be the most difficult ones of our lives. I have no desire to hide the truth and to lie to the public. Although these facts are unpleasant and terrifying, this is the true situation,” wrote Wickremesinghe.
The economic crisis is being driven by a number of things, including a foreign exchange shortage, rampant inflation and shortages in food and fuel. The country also recently called off an organic farming program which imposed a nationwide ban on synthetic fertilizers and pesticides.
Due to the policy, rice yields crashed by 20 per cent
in just the first six months of implementing the mandate. Additionally, the country’s tea production was heavily rocked.
“We have run out of petrol … At the moment, we only have petrol stocks for a single day,” said newly elected Prime Minister Ranil Wickremesinghe.
On Twitter, Wickremesinghe warned his fellow Sri Lankans that they would face the “most difficult” time of their lives.
“The next couple of months will be the most difficult ones of our lives. I have no desire to hide the truth and to lie to the public. Although these facts are unpleasant and terrifying, this is the true situation,” wrote Wickremesinghe.
The economic crisis is being driven by a number of things, including a foreign exchange shortage, rampant inflation and shortages in food and fuel. The country also recently called off an organic farming program which imposed a nationwide ban on synthetic fertilizers and pesticides.
Due to the policy, rice yields crashed by 20 per cent
in just the first six months of implementing the mandate. Additionally, the country’s tea production was heavily rocked.
Sri Lanka to run out of oil today as streets break out into chaos - The Counter Signal
Today, Sri Lanka could run out of fuel, medicine, and other essential goods if it doesn’t receive $75 million in emergency funding.
thecountersignal.com