Sri Lanka is hammered by a foreign exchange crisis, leaving it woefully short of dollars for imports, including fuel to generate electricity and for transport. – EPA pic, June 27, 2022.
SRI Lanka’s heavily loss-making state-run electricity monopoly asked for a shocking price rise of more than 800% for its poorest customers with the bankrupt nation out of fuel, said regulators today. The South Asian nation is hammered by a foreign exchange crisis, leaving it woefully short of dollars for imports, including fuel to generate electricity and for transport.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sri Lanka hikes fuel prices as US delegation arrivesCOLOMBO, June 26 — Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrived for talks aimed at alleviating the...
Source: malaymail - 🏆 1. / 86 Read more »
Sri Lanka hikes fuel prices as US delegation arrivesCOLOMBO, June 26 — Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrived for talks aimed at alleviating the...
Source: malaymail - 🏆 1. / 86 Read more »
Sri Lanka had bahan api kenderaan persendirianBekalan bahan api tidak dapat dihantar susulan masalah logistik
Source: UMonline - 🏆 27. / 51 Read more »
Sri Lanka to limit fuel for private vehicles as suppliers delay shipmentsSri Lanka will not receive shipments of petrol, diesel and crude oil, scheduled for this week and next week. theSun theSundaily crisis economy inflation SriLanka
Source: theSundaily - 🏆 25. / 51 Read more »
Sampah: Malaysia bakal jadi lebih teruk dari Sri LankaSampah: Malaysia bakal jadi lebih teruk dari Sri Lanka. Buang sampah merata-rata bukan dari kalangan kanak-kanak, tetapi di peringkat dewasa.
Source: UMonline - 🏆 27. / 51 Read more »
Crisis-hit Sri Lanka shuts schools, urges work from home to save fuelThe stockpiles stand at about 9,000 tonnes of diesel and 6,000 tonnes of petrol, power. theSun theSundaily Petrol power SriLankaCrisis economy SriLankaEconomicCrisis
Source: theSundaily - 🏆 25. / 51 Read more »