Sri Lanka down to last day of petrol, Prime Minister tells crisis-hit nation

Ranil Wickremesinghe, appointed prime minister on Thursday, said in an address to the nation the country urgently needed $75 million in foreign exchange to pay for essential imports.”At the moment, we only have petrol stocks for a single day. The next couple of months will be the most difficult ones of our lives,” he said.”We must prepare ourselves to make some sacrifices and face the challenges of this period.”Two shipments of petrol and two shipments of diesel using an Indian credit line could provide relief in the next few days, he added — but the country is also facing a shortage of 14 essential medicines.Sri Lanka currently faces a budget deficit of $6.8 billion (2.4 trillion Sri Lankan rupees), or 13% of their GDP.The crisis led to Wickremesinghe said on Monday he took the role for the good of the country.In Colombo, the commercial capital, long queues of auto rickshaws, the most popular means of transport in the city, lined up at gas stations in a fruitless wait for fuel.”I have been in the queue for more than six hours,” said one driver, Mohammad Ali. “We spend almost six to seven hours in the line just to get petrol.”Another driver, Mohammad Naushad, said the gas station he was waiting at had run out of fuel.”We’ve been here since 7 to 8 a.m. in the morning and it is still not clear if they will have fuel or not,” he said. “When will it come, no one knows. Is there any point in our waiting here, we also don’t know.”Hit hard by the A diesel shipment using an Indian credit line arrived in the country on Sunday, but is yet to be distributed across the island.”Request the public not to queue up or top up in the next three days until the 1,190 fuel station deliveries have been completed,” Power Minister Kanchana Wijesekera said on Monday.Wickremesinghe is yet to announce key ministers including the crucial post of finance minister, who will negotiate with the International Monetary Fund for badly needed financial help for the country.Former Finance Minister Ali Sabry had held preliminary talks with the multilateral lender, but he quit along with Mahinda Rajapaksa last week.