Sri Lankan Prime Minister Ranil W. Karma Singh has said that the IMF is the last hope for running out of money for petrol.
The rulers of Sri Lanka overthrew Lanka. The Sri Lankan prime minister has admitted that the economy is in a state of complete disarray, with no money to pay for petrol, food and medicine.
He said that the economic crisis cannot be dealt with alone. He hoped that a deal would be reached with the IMF soon. The IMF is the last hope.
Sri Lanka’s economic crisis has been fueled by declining foreign exchange reserves, with the government banning imports of fuel, medicine and foodstuffs.
Earlier this week, authorities announced a holiday on Friday to store fuel, but long queues were seen outside petrol pumps on Friday.
Drivers said they had been waiting several days to refuel their tanks.
The Sri Lankan government has decided to work four days a week to overcome the worst economic crisis. According to a foreign news agency, government employees assigned to work four days a week in Sri Lanka will work four days a week for three months.