Sri Lankans bide time as leaders seek fix for economic woes

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Sri Lankans bide time as leaders seek fix for economic woes
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Sri Lankans who have endured months of fuel and food shortages are bracing for more pain as a newly installed government scrambles to find solutions to the Indian Ocean nation's economic emergency.

Asked about Sri Lanka’s debt impasse — and criticism that China’s lending is not transparent — Foreign Ministry spokesperson Zhao Lijian accused the U.S. and other “western capital” of manipulating Sri Lanka’s credit rating, speculating in its markets and preventing it from obtaining new financing.

As talks with Sri Lanka’s lenders drag on, its people carry on, finding ways to get by and often waiting days in lines for gasoline, sometimes still returning home empty handed. The government also has introduced an app to ration gasoline purchases: 4 liters a week for motorcycles, 20 liters a week for cars and 40 liters a week for buses.The aim is to reduce the long queues at gas stations and crack down on a black market in fuel. Priority is being given to school buses, farming, fishing, tourism and public transport.or virtually given up on eating fish and meat due to high prices.

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