Yahoo Finance A crisis fuels a bicycle frenzy in Sri Lanka
STORY: Sri Lankans are trading in
four wheels for two
as a crippling fuel shortage
continues in the country
Location: Colombi, Sri Lanka
BICYCLE OWNER, DAKSHINA SERASUNDARA, SAYING:
"Previously, I went to work in a vehicle. Because of the fuel crisis, it is impossible to get petrol. You have to wait two to three days in a queue to get petrol. I just can’t do it. As a person who goes to work everyday, I thought the most practical thing was to ride a bicycle."
Sri Lanka is facing its worse
economic crisis in decades
The government has started
rationing fuel to essential services
Bike shop owners say
that's led to a bicycle frenzy
BICYCLE SHOP OWNER, VICTOR PERERA, SAYING:
"Because of the petrol crisis, everyone is shopping for bicycles. They are trying to get to work. They can’t wait in queues all the time. The import of bicycles has also now been banned. So, the shops are selling their imported stock at even higher prices. Now there are no more bicycles. The ladies' models and the standard model are no longer available. I don’t think new bicycles are available for even another week."
