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We decided to progressively reduce it and halt imports
The organisations expect the situation to worsen mainly during October 2022 to February 2023.
The multi-sector mechanism to empower rural economic revitalization centres to ensure food security and nutrition was initiated under the patronage of President Ranil Wickremesinghe today (September 13).The post Multi-sector combined mechanism launched to ensure food security and nutrition in Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The program aims to provide fertilisers up to 1 million farmers
An online crowdfunding platform titled ‘Rebuild Sri Lanka’ launched by the United Nations Development Programme (UNDP) is now live providing the opportunity for global citizens to contribute to alleviating the impacts of the crisis in the island nation, the UNDP said.The facility can be accessed at www.undp.org/srilanka/donate. Sri Lanka is undergoing its worst economic crisis […]
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
The Health Ministry spends nearly 40% of the Ministry’s expenditure on medicines to purchase medicines for cancer patients, it was revealed at a meeting with the President.The post Health sector needs an urgent policy change – President appeared first on ONLANKA News :. Sri Lanka Latest Breaking News Updates - Sri Lanka News.
(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 […]
Fears have been raised of patients reducing hospital visits owing to high drug prices. The concerns were raised during a meeting between the Government Medical Officers’ Association and President Ranil Wickremesinghe. The report of a three-member committee appointed by the Government Medical Officers’ Association to look into the shortage of drugs in the country was […]
By N Sathiya Moorthy The nation needs to thank Education Minister Susil Premajayantha for his determination to keep all school-going children out of hunger’s grip. Twice in a few days, he has talked about providing free meals to school children. On the second occasion, he went as far as to declare that he was ready […]
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country’s economic crisis, has returned to the country after seven weeks.The post Sri Lanka’s ousted president Gotabaya Rajapaksa returns home after fleeing appeared first on ONLANKA News :. Sri Lanka Latest Breaking N...
The budget is aimed at almost doubling the tax-to-GDP ratio to 15 percent by 2025 from 8.2 percent.
Wickremesinghe is budgeting in a sea of monetary instability
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 […]
"If there is no flour, we simply cannot produce,” said Jayawardena.
He said the new mechanism, upon its completion, will also ensure that transparent laws and systems are in place.
Sri Lanka is facing a looming food shortage after ban on fertilizer import
The UK no longer advises against all but essential travel to Sri Lanka
A fuel shortage at fuel stations across the country today was caused by a delay in unloading the cargo. Minister of Power and Energy Kanchana Wijesekera said that there was a delay in unloading the super diesel cargo yesterday due to bank clearance issues. However, he said that discharging of the cargo commenced today. The […]
Yala cultivation of 512,000 ha would be record
A team from the International Monetary Fund (IMF) will meet Sri Lanka's president on Wednesday for talks to finalise a bailout package, including restructuring debt of about $29 billion, amid the nation's worst financial crisis in more than seven decades.The post IMF team to holds talks with crisis-hit Sri Lanka on debt restructuring appeared first on ONLANKA News :. Sri Lanka Breaking News Update...
Workers who appeared for the test will also be given the opportunity to appear in another field next year.
"We are seeing the pressure on the rupee easing as a result of exports growing and imports contracting."
‘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 […]
The grant was given in response to a request by Sri Lanka’s government.
By Hiran H.Senewiratne The CSE turned negative yesterday having traded with a bullish run for 12 consecutive days due to profit- takings of many counters, especially blue-chip counters. This development could be considered as the market correction, stock market analysts said. Sri Lanka’s shares fell over 1 per cent in mid-day trade, pulled down by […]
The manufacturing PMI declined to 41.4 from 44.1
[…]The post JR & Expert Advice: Failing To Implement Goh Keng Swee Report Of 1980 appeared first on Colombo Telegraph.
"What we ask from the government is to facilitate us through private or state banks to import these as needed," he said.