INSUBCONTINENT EXCLUSIVE:
The next three weeks will be tough for Sri Lanka, Prime Minister Ranil Wickremesinghe said today (June 07), urging the general public to use
fuel and liquefied petroleum (LP) gas sparingly.Delivering a special statement in the parliament this morning, the Premier stressed the need
to limit travel for the time being and to refrain from hoarding the products.The government is in the process of rectifying the fuel and LP
gas shortages in the country, he said further.PM Wickremesinghe said the government is directing its focus on restoring the economic
However, the economic stabilization alone cannot help the country ride out the crisis situation, he added.The prime minister, pointing out
that approximately USD 500 million is required per month to import fuel to Sri Lanka, went on to explain that nearly USD 3,300 million needs
to be secured to procure fuel for the next six months
He also spoke of the imminent fuel price increase in the global market and the possibility of introducing a fuel rationing system.Sri Lanka
40 million per month to import LP gas consignments, the prime minister said further, adding that the country is in need of USD 250 million
to procure LP gas for the next six months
At present, the government utilizes multilateral donations, local funds and the Indian credit line to purchase LP gas, he explained.Speaking
on the food shortage in the country, PM Wickremesinghe revealed that there are only 1.6 metric tonnes of paddy in stock at present, although
the annual demand is 2.5 metric tonnes
He warned of a looming severe food shortage in the country in the coming months.
This article first appeared/also appeared in https://adaderana.lk
