SRI Lanka accepted a rice and pharmaceuticals shipment from India today, as the island nation battles an unprecedented economic crisis that has left supermarket shelves and pharmacy cabinets empty.

A critical shortage of foreign currency has left it unable to pay for enough imported food, fuel and medicines to meet demand since the end of last year, causing widespread hardship.

Its 22 million people have also been forced to endure prolonged daily blackouts and galloping inflation that has strained household budgets.

India has extended US$1.5 billion (RM6.6 billion) in credit lines to allow Sri Lanka to keep meeting a portion of its food and energy needs, and the shipment today followed a visit by Indian experts for aid talks.

“Both parties discussed at length the future course of action of the Indian aid programme to stabilise and revive the Sri Lankan economy,” said Sri Lankan President Gotabaya Rajapaksa’s office after the meeting.

An acute lack of petrol has immobilised the country this week, with parliament cancelling two days of sittings to help conserve fuel.

The United Nations last week appealed for emergency food aid after a survey showed that four out of five Sri Lankans are skipping meals to cope with the crisis.

A United States Treasury delegation is expected to assess the crisis in the capital Colombo next week, with Prime Minister Ranil Wickremesinghe telling lawmakers that the economy has reached the point of “complete collapse”.

Sri Lanka has already defaulted on its US$51 billion foreign debt and is in bailout talks with the International Monetary Fund, which can take months. – AFP, June 24, 2022.