Published by
Daily Financial Times
Daily Financial Times
The Government does not seem to have new ideas. Inflation is skyrocketing. The suffering that people undergo is tremendous – Pic by Shehan Gunasekara The country is facing a severe foreign exchange crisis. Our foreign reserves are almost zero now. Due to lack of dollars to import fuel, there are daily power cuts; long vehicle queues can be seen in petrol filling stations. The banks have no dollars to pay to clear the thousands of shipping containers that have piled up in the port. We import almost everything in Sri Lanka; due to the dollar crisis there is a huge scarcity of some imported items…