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

A number of provinces to witness showers (Jul 03)

A number of provinces to witness showers (Jul 03)

Sri Lankan Corporate Sector Rebounds as Exports and Tech Drive Growth

Sri Lanka’s corporate sector is regaining momentum in 2025,...

Colombo Inflation Creeps Up Amid Food Price Surge despite Long-Term Stability

Sri Lanka’s consumer inflation in Colombo is beginning to...

German Firms Eye Growth in Sri Lanka despite Global Headwinds

German-affiliated companies in Sri Lanka are expressing renewed confidence...