Sri Lanka declares food emergency as forex crisis worsens
Al Jazeera
President Gotabaya Rajapaksa introduces emergency regulations to control prices of essential food items.
Sri Lanka has declared a state of emergency over food shortages as private banks run out of foreign exchange to finance imports. With the country suffering a hard-hitting economic crisis, President Gotabaya Rajapaksa on Tuesday said he has ordered emergency regulations to counter the hoarding of sugar, rice and other essential foods. The regulations give wide powers to officials to seize food stocks held by traders, arrest people who hoard essential food and for the government to fix controlled prices.More Related News