China News Service, May 25 (Xinhua) According to Agence France-Presse, Sri Lanka raised fuel prices sharply on the 24th, and the price of diesel commonly used in public transportation rose by 38%.
People line up to buy fuel in Colombo, the capital of Sri Lanka, on March 25, 2022.
The report pointed out that the price of diesel commonly used in public transportation has risen from 289 rupees (about 5 yuan) to 400 rupees (about 7 yuan) per liter, an increase of 38%, and the price of gasoline has risen from 338 rupees per liter to 400 rupees (about 7 yuan). 420 rupees.
Diesel and gasoline prices have risen by 230% and 137% respectively in the past six months.
Drivers sometimes have to queue for days to get gas due to a lack of supply.
The severe foreign exchange shortage has also led to widespread shortages of food and medicines, and people are suffering from prolonged power outages and high inflation.
Sri Lanka's energy minister said the price hike was aimed at stemming huge losses for state-run Ceylon Petroleum.
It was previously reported that since the end of March, Sri Lanka has faced problems such as lack of foreign exchange, shortage of materials, soaring prices, and shortage of power supply.