POWER CUT EFFECTS – by Dr. Tilak S. Fernando The Government needs to refrain from obtaining short-term at high interest rates. It will further compound Sri Lanka’s woes and reflect on the foreign debt trap. The country became paralysed by the Covid-19 Pandemic and a global economic crisis. Rather than repeating the same mantra repeatedly, Sri Lanka should re-negotiate and restructure the repayment of our sovereign debt by coming to a moratorium agreement. Reeling under its worst economic crisis Sri Lanka’s power cuts continue for up to 13 hours a day. The Public Utilities Commission of Sri Lanka (PUCSL) indicated that power disruptions will be according to a zone system. Yet, invariably the power cuts and restoration times vary. It confuses the public as no one can organise anything properly. Hungry and sweaty children have to use candlelight to attend to their schoolwork in the dark. Housewives cannot keep ...
May 11, 2022
Posted
Articles, Tilak S Fernando
Tagged CEB, Electricity Board's Union, Gotabaya Rajapaksa, Labour Government, London Electricity Board, power cuts, Public Utilities Commission Oil prices, Sri Lanka
