Sri Lanka PM says economy 'has collapsed,' unable to buy oil
People wait near an empty fuel station hoping to buy kerosene oil for cooking in Colombo, Sri Lanka, Thursday, May 26, 2022. Sri Lanka's economic crisis, the worst in its history, has completely recast the lives of the country's once galloping middle class. For many families that never had to think twice about fuel or food, the effects have been instant and painful, derailing years of progress toward lifestyles aspired to across South Asia. (AP Photo/Eranga Jayawardena, file)
By KRISHAN FRANCIS
Associated Press
COLOMBO, Sri Lanka — Sri Lanka's debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday, in comments underscoring the country's dire situation as it seeks help from international lenders....
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