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Sri Lanka has decided to cancel exams for millions of students because in the country it’s over the paper and the government does not have the money to guarantee imports. Government officials have announced that end-of-term exams, scheduled to start Monday, will be postponed indefinitely for at least two-thirds of the country’s 4.5 million students. “School administrators cannot organize tests because printers are unable to guarantee foreign currency to import the paper and ink needed,” the education department of the country’s western province said in a statement.
Sri Lanka is grappling with the worst financial crisis since its independence from the UK in 1948. There are severe shortages of food, fuel and medicines across the country. Long queues have formed all over the country at gas stations and outside the shops for the purchase of groceries: the government has introduced the rationing of powdered milk, sugar, lentils and rice. In recent days, the government has asked the International Monetary Fund for help to resolve the financial crisis: it has to repay $ 6.9 billion of debt by this year, but its foreign exchange reserves are around $ 2.3 billion. .
