The Sri Lanka's economy will collapse completely
Sri Lanka's Prime Minister Ranil Vikramasinghe said that Sri Lanka's economy had collapsed completely and that the country had no capacity to buy imported oil.
We are faced with a more serious situation than the simple shortage of fuel, gas, electricity and food. Our economy has been completely degraded. This is the most serious problem today," Vikramasinghe cites the words "Associated Press".
The prime minister said that the debt of Ceylon Petroleum Corporation, Sri Lanka's largest oil and gas company, is currently $ 700 million, and therefore no state or organization in the world intends to provide it with fuel.
Vikramasinghe said the government could not take timely measures to change the situation as Sri Lanka's foreign exchange reserves declined. In Sri Lanka, gasoline is currently running out, as well as other types of fuels, imported food and medicines are not enough.