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Crisis-hit Sri Lanka runs out of fuel

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Thu, 2022-05-19 21:39

COLOMBO: Most Colombo residents stayed home on Thursday, unable to reach work or drive their children to school, as crisis-hit Sri Lanka ran out of fuel.  

The island nation of 22 million people has defaulted on its debt as it struggles with its worst financial crisis in more than 70 years. The country’s grace period to repay $78 million of unpaid interest payments expired on Wednesday.

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