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Sri Lanka Businesses Reel as Economic Crisis Spirals – SCMP

Sri Lanka has imposed punishing power outages lasting half a day or more in recent weeks as it runs out of foreign currency to pay for fuel imports

sri lanka
A queue for fuel in crisis-hit Sri Lanka. File photo: AFP.


As Sri Lanka is enveloped by its worst economic crisis in living memory, restaurants and other businesses across the island nation are being pushed to the brink by acute shortages of fuel and other essentials, the South China Morning Post reported.

President Gotabaya Rajapaksa has ditched his brother as finance minister and called for a unity government as protests against the economic crisis continued and cracks emerged in the ruling coalition.


Read the full report: South China Morning Post







Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.


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