Discover and read the best of Twitter Threads about #FuelCrisisLK
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Stay tuned for live parliament updates, where chairmanship is under President @RW_UNP on the thread below.
#SriLanka #SLNews @ParliamentLK
#SriLanka #SLNews @ParliamentLK
@RW_UNP @ParliamentLK #SriLanka's President @RW_UNP made his arrival to @ParliamentLK alongside the Speaker @YapaMahinda and the Secretary-General of Parliament, Dhammika Dasanayake. This is the inauguration of the first day of the third session of the ninth parliament.
.@RW_UNP addresses the @ParliamentLK and says, "Our country has different religions, languages, and cultures. I will protect all their rights." #SriLanka #SLNews
Why is there no fuel in Sri Lanka?
Main reason - no USD to pay for it.
Then why is there no USD?
Let me try and explain, and thereby give some hope on how we can get out of this sooner than later.
(1/19)
#EconomicCrisisLK #FuelCrisisLK #GoHomeGota2022
Main reason - no USD to pay for it.
Then why is there no USD?
Let me try and explain, and thereby give some hope on how we can get out of this sooner than later.
(1/19)
#EconomicCrisisLK #FuelCrisisLK #GoHomeGota2022
Sri Lanka has had 2 main sources of USD.
1 - export/remittance/tourism earnings (ie trade)
2 - investment/grant/debt inflows (ie fund flows)
Our main source of outflows have been 3 - imports and 4 - debt repayments.
So increase 1 and 2, reduce 3 and 4. Simple, right?
(2/19)
1 - export/remittance/tourism earnings (ie trade)
2 - investment/grant/debt inflows (ie fund flows)
Our main source of outflows have been 3 - imports and 4 - debt repayments.
So increase 1 and 2, reduce 3 and 4. Simple, right?
(2/19)
On trade, we don't get all of our due trade earnings into the country. This is due to a combination of losing confidence in the system (both the formal remitting system and Sri Lanka overall) which keeps money out of the system overall.
Fixing this needs trust.
(3/19)
Fixing this needs trust.
(3/19)
#SriLanka’s Sapugaskanda oil refinery to release 800MT of diesel to market.
#Sapugaskanda #FuelCrisisLK #CPC #EconomicCrisisLK #SLNews #NewsAlert
economynext.com/sri-lankas-sap…
#Sapugaskanda #FuelCrisisLK #CPC #EconomicCrisisLK #SLNews #NewsAlert
economynext.com/sri-lankas-sap…
#SriLanka’s Sapugaskanda will supply 800 metric tonnes of diesel to the market starting Monday (06) after being closed for over two months due to a lack of crude oil and a technical glitch, reports said. #Sapugaskanda #FuelCrisisLK #CPC #EconomicCrisisLK #SLNews #NewsAlert
The refinery that had been closed for over two months due to a lack of crude oil recommenced operations on May 27 but has been out of commission for a week due to a technical issue in one of its burners. #Sapugaskanda #FuelCrisisLK #CPC #EconomicCrisisLK #SLNews #NewsAlert
#SriLanka GCE Ordinary Level examinations commenced today (23) after a delay of 5 months.
Over 500,000 children island wide sat for the exams amid the worst economic crisis the country has ever seen.
"We received no support"-Student
#SriLankaEconomicCrisis
"We received no support"-Student
#SriLankaEconomicCrisis
"The kids just want to get it over with. My son said if this gets pushed back even more, he's not going to do his exams at all. They are in a huge amount of stress"-Parent of a child sitting for O Levels
#SriLankaExam
#SriLankaExam
