The power outage problem has intensified in Sri Lanka in response to the economic crisis.
The Sri Lanka Public Service Company has announced that the power supply will be cut off for 4 hours and 40 minutes today due to insufficient power. Power plants and most stocks have been shut down due to severe shortages of petrol and diesel. For the first time, the Sri Lankan government has openly stated that it does not have the foreign exchange required to import fuel from abroad.
Energy Minister Udaya Kamanpila said the two ships had received a lot of fuel but could only be taken out if they paid for it. President Gotabhaya Rajapaksa held urgent consultations with the Ministers to find a solution to the persistent inability to purchase fuel for power generation.
Sri Lanka is facing a severe economic crisis due to the spread of the Corona epidemic and the expiration of foreign exchange reserves. As a result, the prices of essential commodities in the country have risen sharply. Unable to import food items. There is also a shortage of medicines, petrol and diesel. On the other hand, there is a crisis in which Sri Lanka has to repay its loans from countries including China. Due to this Sri Lanka is receiving financial assistance from various countries in the world.
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