Tough three weeks : 10 points from PM’s statement

June 7, 2022 at 1:23 PM

Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka.

He made the observation during a special address to the Parliament on the current economic situation in the country.

The Prime Minister also revealed that measures are being taken to address the shortage of various essential items. 

“We must unitedly face this situation patiently,” he added.

Following are ten key facts from the Prime Minister’s speech:

  1. The public requested to refrain from hoarding fuel
  2. The public urged to use gas sparingly
  3. Food items worth about US$ 150 million to be imported to meet daily requirements
  4. A cost of US$600 million a year to import fertilizer for paddy & other crops
  5. Involved in various international assistance programs to import medicines and health equipment required for the country
  6. Sri Lanka needs to find US$6 billion to keep the country afloat for the next six months
  7. Currently in talks with the International Monetary Fund and discussions are based on Sri Lanka’s future economic plan
  8. Many representatives of foreign countries and international organizations have agreed to support Sri Lanka
  9. United Nations has arranged for a worldwide public appeal to provide US$48 million over a four-month period as humanitarian assistance 
  10. An interim budget, that will reduce unnecessary government spending, while controlling other costs, is to be presented to Parliament

(NewsWire)

Full speech

https://www.newswire.lk/2022/06/07/pm-special-statement-fuel-prices-could-increase/