President Anura Kumara Dissanayake has rationed fuel, raised its price by a third and increased electricity costs by up to 40 percent since the war in the Middle East began.
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HIGHChannel News AsiaAI REVIEWEDNo Trust Score Issued2026-04-04 05:15:09
Sri Lanka struggles to avert economic collapse over Mideast war
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Sri Lanka is struggling to avert an economic collapse due to the impact of the Middle East war, with President Anura Kumara Dissanayake implementing measures such as fuel rationing, price hikes, and increased electricity costs. These measures aim to mitigate the economic fallout, but the situation remains challenging. The war in the Middle East has significant implications for Sri Lanka's economy, and the government is working to prevent a collapse. The economic stability of the country is at ri