June 24, 2026 11:45 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Kolkata: Taratala warehouse roof collapses | Indian Army's Trishakti Corps restores lifeline connectivity in North Bengal between Siliguri and Mirik | 19 million barrels flow through Strait of Hormuz, Trump declares oil prices are falling | No Hindi, no NEET: Vijay reignites Tamil Nadu's biggest political flashpoints | Messi creates World Cup history with record-breaking double; Mbappe equals Klose's mark hours later | Tech giant Oracle slashes 21,000 jobs while betting big on AI | 'Italy and I never beg': Meloni fires back at Trump over G7 photo claim | No more 'brother': Stalin's formal birthday greeting to Rahul reflects deepening rift | TMC seeks disqualification of 20 rebel MPs, Abhishek says 'membership should go' | Nara Lokesh pitches Andhra Pradesh as investment hub during Kolkata visit, sets $2.4 trillion economy goal
Sri Lanka crisis
Image credit: Ranil Wickremesinghe Facebook

Sri Lanka down to last day of petrol: PM Ranil Wickremesinghe

| @indiablooms | May 18, 2022, at 01:14 am

Colombo/UNI: Sri Lankan Prime Minister Ranil Wickremesinghe has said that his country is down to its last day of petrol as it faces its worst economic crisis in more than 70 years, BBC reported.

Prime Minister Ranil Wickremesinghe in a televised address said that the nation urgently needs $75m of foreign currency in the next few days so that it can pay for essential imports, adding that the country's central bank will soon have to print money just so that the government can pay wages to its employees, creating a situation where the country's money was getting devalued.

"At the moment, we only have petrol stocks for a single day. The next couple of months will be the most difficult ones of our lives," said PM Wickremesinghe in Monday's address, adding that the shipments of petrol and diesel using a credit line with India could provide fuel supplies in the next few days.

The prime minister also announced that they have decided to privatise state-owned Sri Lankan Airlines.

People said that they have been searching for fuel before daybreak since Monday morning, as most of the fuel stations were closed.

The situation outside the capital was even worse as people had to wait longer in queues to get fuel.

There were long queues of auto-rickshaws, which are the most popular means of transport in Colombo, and other vehicles were seen outside petrol stations around the capital.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.