Bankrupt Sri Lanka opens IMF talks, begins shutdown ...Qatar

Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout. The country of 22 million people is in the grip of its worst economic crisis after running out of dollars to finance even the most essential imports, including fuel. On Monday schools were shut and state offices worked with skeleton staff as part of government plans to reduce commuting and save precious petrol and diesel. Hospitals and the main seaport in Colombo were still operating. Hundreds of thousands of motorists remained in miles-long queues for p

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Last updated : 20 June 2022 clock 01:09 PM

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Bankrupt Sri Lanka opens IMF talks, begins shutdown ...Qatar

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