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Cassandra in her Friday Cry-s has often noted with deep gratitude that nature has been benevolent to suffering, down and almost out Sri Lanka. Forest fires due to intemperate temperature in usually cool climes; sudden floods due to torrential rains; erupting volcanoes and earthquakes have all assiduously avoided troubling poor little Sri Lanka struggling against […]
A highly appreciative skill of the Pakistani administration is their extensive theatricals which can deceive the most intelligent of men. Lengthy speeches in the parliament are converted into minutes packed with wise counsel. After collecting enough praises and spewing venom on the opposition, they end up ultimately doing what they would do anyway — putting […]
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, […]
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 […]
[…]The post National Council’s Economic Stabilisation Report Is A Welcome Sign appeared first on Colombo Telegraph.
Basically there is a limit to what can be shared with the public or parliament
Wednesday 31st August, 2022 Trade unions in the power and energy sectors are up in arms against a government move to restructure the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC). They would have the public believe that the blame for the staggering losses the two institutions have been incurring should be laid […]
By Ifham Nizam The Ceylon Electricity Board implements most of its power transmission and distribution infrastructure development projects like the construction of new transmission lines, transmission and distribution substations, etc., using loan funds obtained from international lending agencies such as the Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA). These ...
[…]The post Did Bankruptcy Of Sinhala Language Help Push The Country Off The Cliff appeared first on Colombo Telegraph.
Passenger transport, goods transport hit
Crop shortfalls due to fertilizer and fuel shortages
New Prime Minister reveals the grim reality of the economy
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
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