Sri Lanka struggling to pay for fuel shipments: Minister ...Middle East

COLOMBO: Sri Lanka is struggling to raise $587 million to pay for about half a dozen fuel shipments, a top minister said on Sunday as the cash-strapped country tries to cope with its worst financial crisis in decades.The country of 22 million people is unable to pay for essential import of food items, fertiliser, medicines and fuel due to a severe dollar crunch.Power and Energy Minister Kanchana Wijesekera said new fuel shipments were being lined up but the country is struggling to raise enough funds to pay as the central bank can supply only about $125 million.Sri Lanka only has 12,774 tons of diesel and 4,061 tons of petrol left in its government reserves, he told reporters in Colombo, the

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Sri Lanka struggling to pay for fuel shipments: Minister ...Middle East

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