https://sputnikglobe.com/20220704/cash-strapped-sri-lanka-keeps-schools-shut--because-of-fuel-crisis---report-1096925039.html
Cash-Strapped Sri Lanka Keeps Schools Shut Because of Fuel Crisis - Report
Cash-Strapped Sri Lanka Keeps Schools Shut Because of Fuel Crisis - Report
Sputnik International
Sri Lanka's 22 million inhabitants are facing their worst economic situation for more than seven decades. The island nation's woes were caused by a balance of... 04.07.2022, Sputnik International
2022-07-04T10:17+0000
2022-07-04T10:17+0000
2022-12-10T11:37+0000
sri lanka
fuel shortage
southeast asia
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The Sri Lankan government has shut all schools for a week, saying the nation does not have enough fuel to send teachers and children to the classroom, local media reports say.The country's Education Secretary, Nihal Ranasinghe, instructed the schools to conduct lessons online. He also said that the schools at the divisional level will be allowed to run classes with fewer students so long as students, teachers and principals are not affected by transportation difficulties, the country's newspaper, The Daily Mirror, reported. Ranasinghe also announced that the Public Utilities Commission of Sri Lanka (PUCSL) has agreed not to have power cuts between 8am and 1pm to enable online teaching on weekdays. The department has also announced countrywide power cuts of up to three hours a day from Monday. In June the country announced that schools would' shut down for a week thanks to the fuel crisis. Energy Minister Kanchana Wijesekera on Sunday said the government has ordered new fuel stocks, and the first shipment carrying 40,000 metric tons of diesel is expected to arrive on Friday, whereas the first shipment carrying gasoline will come on 22 July. Wijesekera also appealed to the country's two million expatriates to send money home through banks to finance new oil purchases. The minister also revealed that several other fuel shipments were in the pipeline, but authorities are struggling to find $587Mln to pay for the fuel. The decline has been seen since last year when the government ordered the mandatory conversion of foreign currency, forcing people to pay extra money. Many media reports suggest that since then, many people have resorted to the black market to send their cash rather than through official channel.Want to know more? Check out our Koo & Telegram accounts!Koo: https://www.kooapp.com/profile/sputniknewsSputnik India: https://t.me/sputniknewsindia
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sri lanka, fuel shortage, southeast asia, school
sri lanka, fuel shortage, southeast asia, school
Cash-Strapped Sri Lanka Keeps Schools Shut Because of Fuel Crisis - Report
10:17 GMT 04.07.2022 (Updated: 11:37 GMT 10.12.2022) Deexa Khanduri
Sputnik correspondent
Sri Lanka's 22 million inhabitants are facing their worst economic situation for more than seven decades. The island nation's woes were caused by a balance of payments crisis which led to widespread fuel, food and other shortages. In April, the government announced it would default on its external debt obligations, amounting to $51Bln.
The Sri Lankan government has shut all schools for a week, saying the nation does not have enough fuel to send teachers and children to the classroom, local media reports say.
The country's Education Secretary, Nihal Ranasinghe, instructed the schools to conduct lessons online.
He also said that the schools at the divisional level will be allowed to run classes with fewer students so long as students, teachers and principals are not affected by transportation difficulties, the country's newspaper, The Daily Mirror, reported.
Ranasinghe also announced that the Public Utilities Commission of Sri Lanka (PUCSL) has agreed not to have
power cuts between 8am and 1pm to enable online teaching on weekdays.
The department has also announced countrywide power cuts of up to three hours a day from Monday.
In June the country announced that schools would' shut down for a week thanks to the fuel crisis.
Energy Minister Kanchana Wijesekera on Sunday said the government has ordered new fuel stocks, and the first shipment carrying 40,000 metric tons of diesel is expected to arrive on Friday, whereas the
first shipment carrying gasoline will come on 22 July.
Wijesekera also appealed to the country's two million expatriates to send money home through banks to finance new oil purchases.
The minister also revealed that several other fuel shipments were in the pipeline, but authorities are struggling to find $587Mln to pay for the fuel.
"Sri Lanka owed about $800Mln to seven fuel suppliers," he added. The remittance, which usually stood at $600Mln per month, had declined to $318Mln in June, a 53 percent of decline compared with June 2021.
The decline has been seen since last year when the government ordered the mandatory conversion of foreign currency, forcing people to pay extra money.
Many media reports suggest that since then, many people have resorted to the black market to send their cash rather than through official channel.
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