
People queue to buy oil for home use at a petrol station in Colombo, Sri Lanka, amid surging prices and shortages. AFP
People queue to buy oil for home use at a petrol station in Colombo, Sri Lanka, amid surging prices and shortages. AFP
Sri Lanka faces solvency issues on unsustainable debt, IMF says
A surge in global crude prices and the loss of tourists because of the war in Ukraine exacerbated the country's foreign exchange crisis