Ship carrying diesel arrived on March 22 not yet paid!

Date:

The ship carrying diesel arrived at the Colombo Port on March 22 is still anchored as the stocks have not yet been unloaded due to not being paid, in a continuous fuel crisis which has driven the country to a point where many fuel stations are closed.

The country has to rely entirely on fuel stocks arriving in the country backed by the debt facility provided by India, but there were no dollars to pay off the ship.

The country is suffering from a huge dollar crisis that even a ship carrying fuel cannot be paid off.

In the backdrop. power generation using fuel has come to a complete standstill.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Treasury Reform Puts Emission Trust Fund at Risk

Sri Lanka’s Vehicular Emission Test Trust Fund (VETTF), a...

Pelwatte at the Forefront as Sri Lanka Plans Dairy Self-Sufficiency

The Government is embarking on a strategic plan on revitalising...

GDP Growth slows in Q1, Industrial Sector keeps Sri Lanka Economy Afloat

Sri Lanka's economy grew by 4.8% in the first...

Sri Lanka Seals Bilateral Debt Deal with France Boosting Economic Recovery

In a major development within Sri Lanka’s external debt...