The Sri Lankan government has already declared a state of emergency across the country to quell widespread protests over the commodity crisis. However, in such a situation, a ship carrying 40,000 tons of diesel has reached the island state. The oil will be supplied across the country in the afternoon. This information was given in a report by NDTV.
This is the first time since independence that Sri Lanka has faced such a financial crisis. Imports of goods have almost stopped due to the dollar crisis. On the other hand, due to the lack of oil, darkness has descended across the country.
It is known that diesel is one of the fuels for buses and commercial vehicles in Sri Lanka. However, due to the lack of necessary fuel in the stations, the transport system has broken down.
Meanwhile, Sri Lankan President Gotabaya Rajapaksa has declared a state of emergency to quell anti-government protests in the country. The state of emergency was declared at midnight on Friday (April 1).
Sri Lanka is preparing for talks with the International Monetary Fund (IMF) amid uncertainty over the repayment of foreign loans.
Meanwhile, the country has also sought loan assistance from India. Over the past decade, Sri Lanka has borrowed 500 million from China. The Sri Lankan president has also asked the Chinese foreign minister to restructure the debt in the wake of the economic crisis.