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    Home»World News»Sri Lankans ditch cars for bicycles to ride out economic crisis – SUCH TV
    World News

    Sri Lankans ditch cars for bicycles to ride out economic crisis – SUCH TV

    By adminJuly 8, 2022Updated:July 8, 2022No Comments0 Views
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    For the final two weeks, Sri Lankan physician Thusitha Kahaduwa has left his automotive within the storage and achieved his affected person rounds by bicycle, spending hours every day criss-crossing the business capital Colombo.

    The 41-year-old is amongst numerous hundreds, lots of them middle-class professionals, who’ve switched to 2 wheels for all the pieces from work commutes to grocery buying after the nation — mired in its worst financial disaster since independence in 1948 — all however exhausted its gasoline provides.

    “First, it was two or three hours in a petroleum queue,” Kahaduwa mentioned. “Final time, about three weeks in the past, I used to be in a petroleum queue for 3 days.

    “Shopping for a bicycle was an act of desperation.” Sri Lanka’s laborious foreign money reserves are near zero, which means imports of fertilizer, meals and drugs for its 22 million inhabitants have additionally slowed to a trickle.

    No oil shipments have arrived for about two weeks and the federal government – which has closed faculties, advised public workers to make money working from home and restricted gasoline to important providers — has not mentioned when the following ones are due..

    In consequence, the variety of bikes on Colombo’s streets has soured and, with shares restricted and demand rocketing, costs of recent and used machines have greater than doubled, three retailers mentioned. Spare components and equipment like bike helmets and locks are additionally in brief provide.

    One store proprietor, Victor Perera, mentioned that he bought about 20 cycles a month up till Could, when gross sales elevated tenfold. “Due to the petrol drawback, everyone seems to be asking for bicycles,” he mentioned.

    New provides are restricted as a result of authorities have restricted imports to fundamental requirements to preserve what international trade stays for so long as potential.



    Original Content

    bicycle colombo commercial capital Sri Lankan doctor Thusitha Kahaduwa
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