Until it can’t print money anymore, this neighboring country has experienced food and energy crisis amid terrible inflation hit, electric fasting a day overnight – Quintessence
Food and economic crisis hit Sri Lanka hit by inflation
Abstract – ONLINE.COM – SRI LANKA is facing PROBLEMS SERIOUS i.e. ECONOMIC CRISIS with OUTAGE TURN AND LACK OF FOOD, FUEL and LACK PAPER.
This PAPER LACK occurs because they are already LACK OF FOREST WOOD and PAPER RESOURCES.
They really are OUT OF MONEY.
Launching SCMP , Sri Lanka is already dizzy because it has billions of debts to Beijing, but they now have to find another source of debt from China, India, and the IMF with the economic crisis are increasingly developing towards spiral.
The countrys coffers are now empty, and the government doesnt have any money pays for the fuel needed to operate their power plant.
Finally, the scheduled blackout was carried out.
Sri Lanka also has no money to pay for fuel, gas for cooking, medicine and imported food.
The Jayasinghe family who live in Colombo are one of the having this predicament, with last Tuesday they experienced death electricity for six hours.
Tavish Jayasinghe, an accountant, initially intended to buy BBM for his motorbike, but he refused to see the snaking queue at the gas station.
I need fuel for my motorbike but see the queue at the gas station seems like forever, I decided theres no need to sacrifice exposed to the sun and stay at home, he said.
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