Sri Lanka, which is going through financial bankruptcy, on Tuesday increased the price of petrol by 24.3 percent and the price of diesel by 38.4 percent. After this, the price of one liter of petrol in Sri Lanka has reached 420 Sri Lankan rupees and the price of one liter diesel has reached 400 Sri Lankan rupees.
On the fuel price hike, Sri Lanka’s state-run oil company Ceylon Petroleum Corporation said that the price of octane 92 petrol (which is used in most of Sri Lanka’s vehicles) increased by Rs 82 or 24.3 per cent and the price of diesel by 38.4 per cent or Rs 111. Has been. This is the second time since April 19 that there has been a major hike in oil prices in Sri Lanka. It was told by the Ministry of Power and Energy of Sri Lanka that the increased oil price has come into effect from this morning.
Auto drivers increase fares: With the increase in the prices of petrol and diesel, auto rickshaw drivers in Sri Lanka have also increased the fares. In Sri Lanka, 90 rupees are being charged for the first one kilometer and 80 rupees for the second kilometer.
Significantly, due to lack of foreign exchange reserves in Sri Lanka, there is a shortage of petrol and diesel for the last several months. The government has advised all senior officers and employees to work from home to reduce the consumption of petrol and diesel. At the same time, people associated with essential services have been allowed to come out.
Due to the lack of foreign exchange reserves in Sri Lanka, the import of petrol and diesel has been stopped for the time being, due to which there has been a crisis of essential goods. Long lines are being seen after the petrol pump. At the same time, the same situation is being seen at LPG gas godowns.
Inflation reached 40 percent: Sri Lanka is also facing a crisis of food and drink and electricity along with essential goods in the midst of economic crisis. In the capital Colombo, electricity is being cut for several hours and due to this the inflation rate has reached more than 40 percent.