close
Tuesday, June 7, 2022

Sri Lankans will face tough three weeks: Prime Minister

Sri Lanka is currently in the middle of its worst-ever economic crisis due to a foreign exchange shortage, leading to a shortage of essentials such as medicines, fuel, and food.

• June 7, 2022
Prime Minister Ranil Wickremesinghe
Prime Minister Ranil Wickremesinghe [Photo Credit: BBC]

Amid severe economic crisis, Sri Lankan Prime Minister Ranil Wickremesinghe has appealed to citizens to use fuel and gas sparingly, as the next three weeks would be tough.

“The next three weeks will be a tough time for us in regards to fuel. It is time we all must use fuel and gas carefully,” Mr Wickremesinghe said.

Addressing the parliament, Mr Wickremesinghe said the government’s main priority was economic stability, stressing that it could be achieved only by implementing intelligently thought-out projects through hard work and dedication.

The prime minister said Sri Lanka spent $500 million per month on fuel and required $40 million a month to import gas.

“Unessential travel should be limited as much as possible. Therefore, I urge all citizens to refrain from thinking about hoarding fuel and gas during this period,” explained. “After those difficult three weeks, we will try to provide fuel and food without further disruptions. Negotiations are underway with various parties to ensure this happens.”

According to the prime minister, Sri Lanka also needs to pay close attention to its foreign relations to rally more international support as the country was becoming marginalised in the world due to its poor foreign policies.

Sri Lanka is currently in the middle of its worst-ever economic crisis due to a foreign exchange shortage, leading to a shortage of essentials such as medicines, fuel, and food. 

(Xinhua/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Red Cross

Health

Nigerians asked to support over 500 Cameroonian refugees in Cross River

It would be recalled that a week ago, over 500 refugees from Southwest Cameroon fled to Bashu, a Cross River border community.

Oyo State governor, Seyi Makinde (Photo Credit: Twitter)

Economy

Hoteliers kick against Gov. Makinde’s consumption tax

Oyo State Hoteliers Association of Nigeria has kicked against the consumption tax introduced by Governor Seyi Makinde’s government in May.

World

Mongolia to improve online public services with $40.7 million World Bank loan

The loan will help provide skills and literacy training to 13,000 civil servants and citizens and create 3,000 new digital jobs for youth and women.

Andrés Manuel López Obrador

World

Mexican president to skip ‘Summit of the Americas’ over U.S. exclusion of some countries

President Andres Manuel Lopez Obrador is protesting U.S. exclusion of countries such as Cuba, Nicaragua and Venezuela.

Sri Lankans queueing to buy gas

World

Sri Lanka seeks $5 billion from China over food, fuel scarcity

Sri Lankan Prime Minister Ranil Wickremesinghe on Tuesday said the country needed $5 billion over the next six months to ensure basic living standards.

Bola Tinubu, Yemi Osinbajo, Abdullahi Adamu, Ahmad Lawan and President Muhammadu Buhari

Politics

Presidential Primary: APC delegates accreditation begins amid tight security

Roads leading to the Eagle Square had been cordoned off, with mobile police officers positioned strategically.