Sri Lanka declares weekly Wednesday public holiday to conserve fuel

Sri Lanka has declared every Wednesday a holiday for public institutions to conserve fuel as the island nation grapples with possible shortages in the wake of the United States and Israel’s war with Iran.

“We must prepare for the worst, but hope for the best,” President Anura Kumara Dissanayake said at an emergency meeting with senior officials on Monday.

This is the latest in a series of belt-tightening measures undertaken by Asian countries since the war choked off the Strait of Hormuz, which used to carry millions of barrels of oil from the Gulf into the region.

Nearly 90 per cent of all the oil and gas flowing through the strait last year was bound for Asia, which is the world’s largest oil-importing region.

Sri Lanka’s new four-day week will also apply to schools and universities, but it will not affect state institutions providing essential services, such as the health and immigration authorities, officials say.

Authorities picked Wednesday instead of Friday as the additional off day so that government offices would not be closed for three days in a row, they added.

Motorists are also now required to register for a National Fuel Pass which rations the amount of fuel that people can buy.

This has sparked some unhappiness among some Sri Lankan who feel that the fuel quotas – 15 litres for private cars and five litres for motorcycles – are too low.

The rationing mechanism was first implemented in 2022 during the country’s worst economic crisis which saw it run out of foreign reserves and unable to import essential items and buy enough fuel.

Oil prices have soared since the US and Israel started bombarding Iran late last month, and is currently hovering at around $100 a barrel. (BBC)

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