Sri Lankan Economic Crisis

Sri Lanka runs out of fuel, economic crisis deepens

Sri Lanka has run out of fuel. Sri Lanka, hit by a massive economic crisis, has run out of fuel and only essential services will operate starting midnight. This is the first time that Sri Lanka has run out of fuel. The list of essential services will include health, law and order, ports, airport, food distribution and agriculture. All non-essential services have been suspended till July 10.

published on : 28th June 2022

Sri Lanka: Petrol at all-time high of Rs 420, diesel Rs 400; Crisis worsens

Crisis-hit Sri Lanka raised the petrol price by 24.3% and diesel by 38.4% on May 24th. This is a record hike in fuel prices amidst the country's worst economic crisis due to the shortage of foreign exchange reserves. With the 2nd fuel price hike since April 19, now the most-used Octane 92 Petrol-420 Rupees and Diesel-400 Rupees a litre.

published on : 24th May 2022

Sri Lankan economic crisis worsens, govt imposes 10-hour powercut

The Sri Lankan government imposed 10-hour daily power cuts across the country on March 30 amidst a severe economic crisis. Sri Lanka is facing an unprecedented acute economic and energy crisis caused due to shortage of foreign exchange.Since the beginning of March, there have been seven-hour power cuts in the island country. The duration has now been increased by three hours.

published on : 30th March 2022
Isreal Conflict