COLOMBO, Sri Lanka—
Wickremesinghe’s remarks also sent a message to potential lenders: “You can’t let a country of such strategic importance collapse,” said Mukherjee, who noted that Sri Lanka sits in one of the world’s busiest shipping lanes. Wickremesinghe said Sri Lanka is unable to purchase imported fuel due to heavy debt owed by its petroleum corporation.
Until recently, middle-class families generally enjoyed economic security. Now those that never had to think twice about fuel or food are struggling to manage three meals a day. The situation has derailed years of progress toward relatively comfortable lifestyles aspired to across South Asia.
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