A monstrous queue for gasoline in Sri Lanka in default hit the video

Monstrous Sri Lanka Gasoline Queue in Default Filmed

Local Driver Reported He Waited in Line for Four Days and that he had barely slept.

Sri Lanka is in serious crisis due to default. Local residents complain about the lack of fuel, which remains for several days. Others don't have enough money for food, because. entire sectors of the economy have been shut down in the country.

According to one of the local drivers, quoted by the Mash TG channel, he waited in line for gasoline for four days, while “not sleeping and not eating properly”.

In different settlements many kilometers of traffic jams lined up at points, while, as the media learned, from July only emergency service vehicles and specials will receive fuel.

It is already reported that schools in Sri Lanka will be closed and officials will work remotely, from home.

The fuel crisis has also affected tourists, who like everyone else have to queue.

While previously they were refueled offline, now the rules have changed and there is unclear how you can get around in the recent green tourist paradise.

As Forbes reports, back in April it was learned that the country had officially declared itself in default. The lack of gasoline had already started then, and protests have not stopped in Sri Lanka since May.

In the spring, the government led by the Prime Minister resigned . Mass protests intensified as the prospect of famine loomed. Now the authorities have lost support even from former allies.

The country's national debt is $35 billion, of which $7 billion is due to be repaid this year. Inflation, according to the local Central Bank, will reach 40% by the end of the year.

In return, the World Bank refuses to provide money; aid until Sri Lanka begins to pursue “adequate macroeconomic policies”.

The amount of aid that can be given to the country will only be enough for medicine, school meals and aid to poor families and farmers.

< p>Earlier, as reported by the Guardian, Experts spoke of a default in which 74 countries of the world could end up, low income. They believe that the reason – in the post-pandemic crisis and the debts accumulated during the isolation.

In turn, JPMorgan Chase calculated that the consequences of the Russian NWO in Ukraine and the increase in loan prices will lead to a default 10% payment from developing countries.

Earlier, Topnews wrote that the court in Sri Lanka banned the “Aeroflot” leave the country.

Источник topnews.ru

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