HomeUSA NewsSri Lanka PM Says Economic system 'Has Collapsed,' Unable to Purchase Oil...

Sri Lanka PM Says Economic system ‘Has Collapsed,’ Unable to Purchase Oil | World Information | gadgetfee

By KRISHAN FRANCIS, Related Press

COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister says its debt-laden financial system has “collapsed” after months of shortages of meals, gasoline and electrical energy.

Prime Minister Ranil Wickremesinghe advised Parliament on Wednesday that the South Asian nation is “dealing with a much more critical scenario past the mere shortages of gasoline, fuel, electrical energy and meals. Our financial system has utterly collapsed.”

Wickremesinghe can also be the finance minister tasked with stabilizing the financial system. He mentioned Sri Lanka is unable to buy imported gasoline, even for money, as a consequence of heavy money owed owed by its petroleum company.

He mentioned the federal government missed out on the possibility to show the scenario round and that “We at the moment are seeing indicators of a attainable fall to all-time low.”

Political Cartoons on World Leaders

Political Cartoons

Copyright 2022 The Related Press. All rights reserved. This materials might not be revealed, broadcast, rewritten or redistributed.

kaushalhttp://gadgetfee.com
Hey there my self kaushal, i am 24 years old and i am BAMS Graduate, I hope you like my work thanks for reading.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular