Sri Lanka has less than a day’s worth of fuel left, the energy minister says, with public transport grinding to a halt as the country’s economic crisis deepens.
Sri Lankan Prime Minister Ranil Wickremesinghe told Al Jazeera last week the petrol shortage will last until July 22 when the next oil shipment is expected.
He said a gas deal has been secured which will ensure supplies for the next four months.
“It [fuel shortage] is a big setback to the economy and has caused lot of hardship to people.
Last week, Sri Lanka announced a two-week halt to all fuel sales except for essential services to save petrol and diesel for emergencies.
Sri Lanka has has been getting most of its fuel needs from neighbouring India, which provided it with a credit line.
However, an immediate release of funds from the IMF is unlikely because the country has first to get its debt on to a sustainable path. »