Interested parties can contribute to two ailing sectors: healthcare and food.

Basically there is a limit to what can be shared with the public or parliament

(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]

Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]

TNA MP M.A. Sumanthiran told Parliament that the Government must rethink its priorities and address the needs of the lower income classes of the country. Sumanthiran pointed out that the Government, despite promises, has not allocated funds to provide the promised subsidy for kerosene but is making essentials necessary for the country’s middle class and […]

The budget is aimed at almost doubling the tax-to-GDP ratio to 15 percent by 2025 from 8.2 percent.

WFP has secured 1,475 metric tons of rice and 755 metric tons of iron-fortified rice to support 1 million children.

Thursday 1st September, 2022 There is absolutely no need for aliens to take the trouble of undertaking intergalactic missions to destroy this planet. The so-called big powers vying for global dominance are already at it, and the signs are that they will succeed in their endeavour. The entire world is reeling from the war in […]

Wickremesinghe is budgeting in a sea of monetary instability

By CHANDRA FERNANDO Educational Consultant, USA The last few months of this year have been a time of great anxiety and much hardship for the people of Sri Lanka. No matter on which side of the political divide one stands, common problems converge into a cloud of nervousness, unease and uncertainty. Sri Lankans have not […]

Sri Lanka is facing a looming food shortage after ban on fertilizer import

Muzaffarabad ..., August 13 (ANI): Districts of Pakistan-occupied Kashmir (PoK) are witnessing massive protests against the Pakistan government’s plan to bring in the 15th Constitutional Amendment that will transfer the financial and administrative powers of the local government to Islamabad, local media reported. The citizens of all 10 districts of the region are infuriated at […]

By Haroon Janjua Despite gaining independence 75 years ago, Pakistan has yet to rid itself of economic and political crises. As Pakistan marks 75 years of independence this weekend, Islamabad has not planned any special events, aside from a flag-raising ceremony, a fireworks display in the capital and the introduction of a new 75 rupee […]

by Jehan Perera Early this year the government under President Gotabaya Rajapaksa amended the Prevention of Terrorism law. It accepted the position that the law was in violation of international standards and wanted to show it was committed to improving its human rights record. The ground was set to mitigate the pressures from the UN […]

Sindh [Pakistan], August 12 (ANI): Pakistan’s Sindh province is facing a critical issue due to the unavailability of potable water as most of the surface water bodies in the province are polluted and require adequate treatment to make it fit for consumption, stated a survey carried out by the Pakistan Council of Research in Water […]

‘Inflation will not be as high as initially expected’ Inflation will not be as high as initially expected and there are signs of economy stabilising, Central Bank Governor Dr. Nandalal Weerasinghe says.Dr. Weerasinghe said that during the past few months a number of initiatives had been made to improve the economy and they were yielding […]

ByShamindra Ferdinando Sri Lanka hadn’t been able yet to convince Russia to resume Aeroflot flights and tourists from there to Sri Lanka suspended in the wake of the detention of SU 289 at the Bandaranaike International Airport (BIA) on the afternoon of June 02, authoritative sources said. Sri Lanka grappling with an unprecedented foreign exchange […]