will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told parliament on Tuesday.
He said Sri Lanka's ongoing bailout talks with the International Monetary Fund depended on finalising a debt restructuring plan with creditors by August."Due to the state of bankruptcy our country is in, we have to submit a plan on our debt sustainability to them separately. Only when are satisfied with that plan can we reach an agreement."
Sri Lanka is almost entirely without petrol and the government has shut down non-essential public services in an effort to conserve fuel.
What’s happening in the Netherlands?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sri Lanka limits fuel to essential services with supplies set to run out in daysMiles-long queues outside petrol stations despite ban on sales for private vehicles for at least a week
Source: GuardianAus - 🏆 1. / 98 Read more »
Sri Lanka’s economic crisis deepens amid fuel shortageCrikey 😱 This will be us in the near future if we don't come to our senses. Send Angus Taylor over to solve the problem. Remember our fuel storage in America for over $90 million. He’s a wiz with energy.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Sri Lanka to keep schools shut for another week as it runs out of cash for fuelCash-strapped Sri Lanka extends school closures because there isn't enough fuel for teachers and parents to get children to classrooms, while the Energy Minister appeals to expatriates to send money home. Biden's going to have the blood of millions on his hands ? monster Socialism never ends well. Is that because of 9 years of inaction ABC? Asking for Jim Chalmers.😉
Source: abcnews - 🏆 5. / 83 Read more »
Sri Lanka to keep schools shut for another week as it runs out of cash for fuelCash-strapped Sri Lanka extends school closures because there isn't enough fuel for teachers and parents to get children to classrooms, while the Energy Minister appeals to expatriates to send money home. Biden's going to have the blood of millions on his hands ? monster Socialism never ends well. Is that because of 9 years of inaction ABC? Asking for Jim Chalmers.😉
Source: abcnews - 🏆 5. / 83 Read more »
Sri Lanka limits fuel to essential services with supplies set to run out in daysMiles-long queues outside petrol stations despite ban on sales for private vehicles for at least a week
Source: GuardianAus - 🏆 1. / 98 Read more »
Boris Johnson fails to give MPs commitment defence spending will rise to 2.5% of GDP by end of decade – livePrime minister’s commitment to defence spending questioned by Tory MP after statement last week
Source: GuardianAus - 🏆 1. / 98 Read more »