Due to an unprecedented foreign currency shortage, Sri Lanka may run out of diesel by the end of this month. The USD 500 million line of credit available to India for fuel purchases is rapidly depleting.
Sri Lanka is experiencing its worst economic crisis since its independence from the United Kingdom in 1948.
People have been protesting for weeks because of prolonged power outages as well as a lack of gas, food, and other basic necessities.
Due to the urgency of the situation, fuel shipments to Sri Lanka began in late March, despite the fact that they were supposed to begin on April 1.
More Stories
After The ICC’s Arrest Warrant, Will Putin Be Able To Attend G20 Summit In New Delhi?
Violence Hits France, 149 Policemen, Dozens Of Protesters Injured On Ninth Day Of Protests
Ajith Kumar’s Father, P Subramaniam, Dies At 84