Monday, May 30, 2022

Sri Lanka Needs US Dollars 554 To Purchase Fuel For June

 Sri Lanka needs US Dollars 554 million to import fuel for the month of June and out of that  only have US Dollars 100 million received under the Indian credit line so far for this purpose according to the Minister of Power and Energy Kanchana Wijesekare ,


According to the Minister he is due to hold talks with the Central Bank to get the remaining US Dollars 454 to purchase fuel However Central Bank is facing a US Dollars shortage at the moment it has been earlier announced ,

Meanwhile Minister of Power is planning to hold talks with Indian officials regarding another loan scheme in view of purchase fuel for the country it has been reported ,

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