Sri Lanka out of petrol, economy in a precarious condition: PM Wickremesinghe

Sri Lanka Prime Minister Ranil Wickremesinghe on Monday said the island nation’s economy was in a precarious condition and that the cash-strapped nation was currently out of petrol.

“We have run out of petrol… At the moment, we only have petrol stocks for a single day,” Wickremesinghe said, adding that his bankrupt country could face more hardships in the coming months.

Wickremesinghe, who was made the Prime Minister last week after Mahinda Rajapaksa put in his papers in the wake of continued protests over the economic situation, proposed setting up of a national council of all political parties to find solutions to the ongoing crisis. He also proposed privatising the Sri Lanka airlines.