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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08525014

[…]The post Elections & Economic Recovery appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.120561905

The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.The post World Bank’s IFC to provide Sri Lanka with $400 million financing appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- onlanka.com - Category : Breaking News - Relavancy : 0.09042143

Sri Lanka President Ranil Wickremesinghe says a separate unit will be established to send military personnel overseas to assist in times of health crises.The post Sri Lanka President pledges a new chapter for the field of Military Medicine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombogazette.com - Category : Breaking News - Relavancy : 0.10549167

The Government is to introduce non-paying wards in private hospitals, President Ranil Wickremesinghe said. Wickremesinghe said that the Government is looking at the possibility of introducing paying wards in Government hospitals and non-paying wards in private hospitals. He said the Government will take the tab for the treatment made in non-paying wards in private hospitals. […]

- island.lk - Category : Breaking News - Relavancy : 0.419848

Aljazeera reports that there is a severe shortage of greenbacks in Bangladesh due to its dwindling foreign reserves and a sharp drop in the value of its taka currency against the dollar. In the past six months, Bangladesh’s foreign reserves have dropped below $32bn from $39bn while the value

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- island.lk - Category : Breaking News - Relavancy : 0.18084286

By Rathindra Kuruwita The government was planning to reduce the salaries of those in the health sector by 15 percent, Government Medical Officers’ Association (GMOA) spokesman, Dr. Chamil Wijesinghe said yesterday. “On 13 February, the Secretary to the Ministry of Health issued a circular instructing the reduction of our salaries by 15 percent. The Ministry […]

- island.lk - Category : Breaking News - Relavancy : 0.120561905

Sri Lanka has secured Japanese assistance to run government hospitals. The Japanese Ambassador Mizukoshi Hideaki yesterday (22) signed an Exchange of Notes, with the Secretary to the Treasury, Mahinda Siriwardana, at the Presidential Secretariat. for a humanitarian grant assistance of USD 46 million in providing diesel fuel for public hospitals, across the country, Earlier, China provided […...

- onlanka.com - Category : Breaking News - Relavancy : 0.060280953

Sri Lanka President Ranil Wickremesinghe emphasised the importance of having a proper plan to strengthen the country’s economy, during a meeting with businessmen and lawyers in the Kandy district.The post Having Proper plan to strengthen Sri Lanka’s economy is important – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- adaderana.lk - Category : Breaking News - Relavancy : 0.5038176

Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.

- onlanka.com - Category : Breaking News - Relavancy : 0.419848

Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.The post Sri Lanka to make $2.6 billion in loan repayments in first half

- island.lk - Category : Breaking News - Relavancy : 0.09042143

Is it a curse to be living in these times in this country? It feels like it is so. For we do not find peace of mind in anything, anywhere. Everything is working against the ordinary citizens of the country. The prices of bare necessities of life like food, fuel, electricity, water, transport, health care, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.419848

By Easwaran Rutnam German companies operating in Sri Lanka have raised the red flag with some warning they will be compelled to withdraw from the country if the import ban continues, Daily Mirror learns. Sri Lanka has slapped an import ban on several items owing to the shortage of US dollars

- colombogazette.com - Category : Breaking News - Relavancy : 0.419848

The Election Commission is to file a special motion before the Supreme Court on the difficulties it is facing on holding the Local Government (LG) elections on 9th March. Adequate funds not released by the Treasury, shortage of fuel and delays in printing the ballot papers are some of the issues

- colombogazette.com - Category : Breaking News - Relavancy : 0.10549167

Islamabad [Pakistan], February 6 (ANI): Former Pakistan Finance Minister Miftah Ismail has said that things on the economic front will “remain tight” as the economy faces a severe liquidity crunch, Geo News reported. Pakistan is seeking an installment of USD 1.1 billion from the International Monetary Fund to avoid default. In a tweet, Ismail stated, […]

- island.lk - Category : Breaking News - Relavancy : 0.15070239

50 to 60 apply for leave each month to work abroad By Rathindra Kuruwita Between 50 and 60 doctors apply for leave each month, for employment abroad, Government Medical Officers Association (GMOA) spokesman, Dr. Chamil Wijesinghe, says.Dr. Wijesinghe told The Island that some doctors might have left the country without obtaining leave. “Unfortunately, the Ministry […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.07459387

[…]The post People’s Power Under Siege Within Sri Lanka’s ‘Demo-Crazy’! appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.3358784

Debt-stricken Sri Lanka is fast-tracking efforts to seal a stalled trade pact with Thailand in order to boost trade and tourism, and improve the foreign currency shortage that has led to its worst economic crisis, a government minister said on Tuesday.The post Sri Lanka to fast-track trade pact

- colombogazette.com - Category : Breaking News - Relavancy : 0.419848

The economic and financial condition of Sri Lanka is very precarious at the moment. It has been facing the worst economic crisis since its independence in 1948. The Sri Lankan economy is going through a high rate of inflation, a shortage of essential commodities including fuel and medicines

- colombogazette.com - Category : Breaking News - Relavancy : 0.120561905

The Ceylon Electricity Board (CEB) today warned of a serious crisis if the demand for an increase in electricity tariffs is not approved.   The Public Utilities Commission of Sri Lanka (PUCSL) is to announce, on Wednesday, its decision over a request made by the Ceylon Electricity Board to increase tariffs. The matter was discussed when the […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.21312535

Non-essential and non-urgent surgeries have been temporarily postponed at Government hospitals, the Health Ministry said. Minister of Health Keheliya Rambukwella said that the surgeries will be postponed on the advise of a doctor. The Minister said that essential and urgent surgeries will be carried out as usual. The decision has been taken due to a […]

- island.lk - Category : Breaking News - Relavancy : 0.10549167

By Rathindra Kuruwita The Sri Lanka health sector would face a serious crisis within a few weeks, if shortages of medicines, surgical equipment, and chemicals used in labs, are not addressed now, President of the College of Anaesthesiologists and Intensivists of Sri Lanka (CAISL), Dr. Anoma Perera, said on Thursday evening, addressing a press conference, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.10549167

Colombo [Sri Lanka], February 2 (ANI): External Affairs Minister S Jaishankar’s visit to Sri Lanka is being seen as a harbinger of positive developments and an improved economic and financial situation for the island nation. Jaishankar during his visit to Sri Lanka reasserted India’s pursuit of the ‘Neighbourhood First’ policy and the belief in not […]

- island.lk - Category : Breaking News - Relavancy : 0.15070239

By Rathindra Kuruwita Medical professionals had taken steps to ensure that patients’ lives were not threatened during their 24-hour token strike yesterday, Government Medical Officers Association (GMOA) Secretary Dr. Haritha Aluthge said. Dr. Aluthge said the strike was a success. “While those who are working in emergency services and other specialized sectors were on duty, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.060280953

In an unprecedented turn of events, Pakistan’s close allies Saudi Arabia and the UAE have asked Islamabad to forget the Kashmir issue as the country is embroiled in other complex issues that need to be resolved. “Don’t cry for Kashmir” were the innuendos used by the Middle Eastern leaders when Pakistan Prime Minister Shabazz Sharif […]

- onlanka.com - Category : Breaking News - Relavancy : 0.10549167

Sri Lanka’s international bondholders group was prepared to engage with the island nation’s authorities in debt restructuring talks consistent with the parameters of the IMF Programme, their legal adviser, White & Case LLP, said.The post Sri Lanka bondholders ready for debt restructuring talks with authorities appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...

- onlanka.com - Category : Breaking News - Relavancy : 0.09042143

Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...

- onlanka.com - Category : Breaking News - Relavancy : 0.09042143

Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.The post Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- onlanka.com - Category : Breaking News - Relavancy : 0.10549167

Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.The post Sri Lanka economy could shrink by -3.5% to -4%, president says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- island.lk - Category : Breaking News - Relavancy : 0.5937547

Alleging the government has failed to address the developing crisis caused by grave shortage of pharmaceutical drugs, the Government Medical Officers’ Association (GMOA) has called for WHO’s intervention.In a letter dated January 26, 2023, addressed to WHO Director General Dr. Tedros Adhanom

- island.lk - Category : Breaking News - Relavancy : 0.09042143

Thursday 26th January, 2023 The Rajapaksa-Wickremesinghe government is in overdrive to delay the local government (LG) elections while pretending that it is ready to face them. Experience is said to be the best teacher, and the public, having been taken for many a ride, tends to believe the obverse of what the ruling party politicians […]

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