Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on Monday, as the island nation's new government seeks to find a way out of a crippling economic crisis.
The country of 22 million has been grappling with a lack of essentials, including fuel and medicines, for months, after its foreign exchange reserves ran dry because of economic mismanagement and the impact of the COVID-19 pandemic.
