Ministers on tour whilst bleak future looms ahead

Dollar crisis in SL: Ministers on tour whilst bleak future looms ahead

by Amani Nilar 16-12-2021 | 8:03 PM

COLOMBO (News 1st); As Parliamentarians seemingly disappear from the country on foreign trips, the public is complaining that they have been affected by issues arising from the dollar shortage in the country.

Sri Lanka’s official foreign reserves dropped to 1.58 billion US Dollars by the end of November this year.

The country's foreign currency reserves only stand at about 1 billion US dollars as of currently. 

Many have stated as that the rate keeps increasing daily, it is impossible to allocate an exact amount.

"If our children could live a good life here, then there is no need to send them overseas." a person said.

Another person said that they are unable to spend the dollars already in possession, in addition to not being able to withdraw their own money.

" The Government created the dollar crisis. We are the ones who has to pay for the ships carrying waste too," another person stated.