Sri Lanka starts fuel rationing amidst severe economic crisis
The Hindu
Motorcycles and other two-wheelers can purchase fuel upto worth LKR 1,000 per visit; three-wheelers can purchase fuel worth LKR 1,500, cars, jeeps and vans upto LKR 5,000. Buses, lorries and commercial vehicles have been exempted
Sri Lanka's state-owned petroleum corporation announced fuel rationing for vehicles with effect from Friday, as a historic economic crisis roils the country.
According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth LKR 1,000 per visit to a fuel station.
Similarly, three-wheelers can purchase fuel worth LKR 1,500, cars, jeeps and vans upto LKR 5,000. Buses, lorries and commercial vehicles have been exempted from the rationing.
Long queues at fuel stations have resulted in massive public anger. Further, households are experiencing nearly 12-hour-long powercuts and there is a massive shortage of essentials, due to falling value of the Sri Lankan rupee.
The island nation is in the midst of one of the worst economic crises it's ever seen. It has just defaulted on its foreign debts for the first time since its independence.
The Galle Face protests in Colombo entered their seventh day on Friday with more and more youth joining it every passing day. They urge the resignation of President Gotabaya Rajapaksa for his incompetence in handling the island’s worst-ever economic crisis.