sri lanka fuel crisis - Financial Daily News Site

IOC Provides Fuel As Government Pumps Go Dry

IOC Provides Fuel As Government Pumps Go Dry

Lanka IOC, the subsidiary of Indian Oil Corporation in Sri Lanka, kept its pumps open throughout Tuesday as the cash-starved government’s fuel entity’s fuel stations did not operate in the island nation due to the worsening energy crisis. On Monday, the Sri Lankan government announced that only essential services will operate from midnight till July … Read more

Postal services limited to three days-a week amid fuel crisis

Representative Image

ANI | Updated: Jun 29, 2022 06:35 IST Colombo [Sri Lanka], June 29 (ANI): Amid the fuel shortage in the country, Sri Lanka’s postal department decided to open post and sub ports offices three days a week considering transport and travelling difficulties. Accordingly, the services by the main and sub-offices will be available on Tuesday, … Read more

Sri Lanka Limits Foreign Currency Possession By Individuals To Support Dwindling Forex Reserve

Sri Lanka Limits Foreign Currency Possession By Individuals To Support Dwindling Forex Reserve

Sri Lanka has reduced the limit of foreign currency possession by an individual from $15,000 to $10,000, in a desperate move to shore up its fast-depleting forex reserve required to fund the import of essentials, including food and fuel. Sri Lanka is facing a severe forex crisis which forced the island nation to declare a … Read more

Sri Lanka Truck Driver Dies After Waiting For 5 Days in Queue at Fuel Station

Sri Lanka Truck Driver Dies After Waiting For 5 Days in Queue at Fuel Station

Colombo: In a grave tragedy, a 63-year-old truck driver has died in Sri Lanka after standing for five days in a queue at a fuel filling station in the country’s Western Province, reported news agency PTI. This was the 10th death reported due to prolonged waiting for fuel procurement in the debt-ridden island nation grappling … Read more

Gotabaya Acknowledges India’s Help, Says China Not Interested In Helping Pak, Sri Lanka

Gotabaya Acknowledges India’s Help, Says China Not Interested In Helping Pak, Sri Lanka

Sri Lankan president Gotabaya Rajapaksa in an interview with Bloomberg News said that China is shifting its strategic focus towards southeast Asia and Africa, highlighting that neither his own country or Pakistan got Beijing’s attention as they face an economic crisis. Rajapaksa, who is facing calls from the people to step down for leading Sri … Read more