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Daily-current-affairs / 27 Jun 2022

Current situation in Sri lanka : Daily Current Affairs

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Sri lanka is facing the worst economic, political, social and humanitarian disaster. On 27th june , Sri Lanka's cabinet of ministers decided to limit distribution of fuel to essential services until july 10 . With its foreign exchange reserves at a record low, the island of 22 million is struggling to pay for essential imports of food, medicine and most critically, fuel.

The list of essential services will include health, law and order, ports, airport, food distribution and agriculture. All non-essential services have been suspended till July 10, and the existing fuel reserves have been reserved for the essential services.

Schools in Sri Lanka's Colombo shut down and public employees were asked to work from home in order to battle the severe fuel shortage in the country.

The price of diesel is retailing at 460 Lankan rupee and petrol retailing at 550 per litre.

It is expected that Sri Lankan ministers will travel to Russia and Qatar to discuss more fuel for the country in the coming days. The International Monetary Fund is in Sri Lanka for talks on a possible bailout package.