@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
358 results found in 2031 ms
Page 10 of 12
Crop shortfalls due to fertilizer and fuel shortages
SLC expects a considerable collection from ticket sales
Says guidance rate has reduced volatility
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
Money printing creates forex and fuel shortages
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
Sri Lanka's rice production has dropped by around 40 percent due to fertilizer ban.
Sri Lanka is facing food shortage due to President Rajapaksa's fertilizer ban and dollar shortage
Sri Lanka's rubber products can grow up to 30% in US dollar revenue if uninterrupted power supply ensured
Sri Lanka is facing a food shortage due to a 2021 fertilizer ban, dollar shortage
Central bank has run out of reserves and is guidance rate
The Government is targeting US $5bn this year for repayments, plus a further US $1bn to bolster the country’s reserves, Prime Minister Ranil Wickremesinghe said today. The Prime Minister, during a meeting today with representatives from the Joint Chambers, elaborated that discussions with the IMF are proceeding and he was hopeful that negotiations would conclude […]
The Government today briefed the Colombo based Diplomatic corps on the prevailing situation in Sri Lanka and the challenges encountered which included pressing issues such as shortage of fuel, gas, essential pharmaceutical products and power cuts. The Minister of Foreign Affairs, Prof. G. L. Peiris also detailed measures taken by the Government to address the […]
Earlier two consignments of medicine were donated by India and France.
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
The Government has decided to increase the Value Added Tax (VAT) from 8% to 12% and the Telecommunications Levy from 11.23% to 15%. The Prime Minister’s Office said that Sri Lanka introduced a low tax regime in late 2019. The reforms included the reduction of tax rates of Value Added Tax, Personal Income Tax (PIT) […]
"It's okay to criticise us, but we ask that you do not discourage farmers from growing," he said.
The Central Bank of Sri Lanka (CBSL) today reassured its commitment to ensuring the availability of foreign exchange within the banking system for the importation of essential goods, including the food items. The Ministry of Finance issued Import Control Regulations on Payment Terms No.07 of 2022, dated 06 May 2022, and to be effective from […]
CBSL would like to reassure its commitment to ensuring foreign exchange within the banking system for food
Medical supplies also send to the Suwaseriya ambulance service
Sri Lanka's pharmaceuticals suppliers are hit by payment delays and are also facing regulatory delays
France has gifted Sri Lanka anesthetics and respiratory medications worth 300,000 Euros
Police has discovered hoarding of fuel worth 20.5 million rupees in the past few days.
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
“What the international community is looking for is long-term policy credibility and sustainability."
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
The United Nations (UN) has assured assistance to Sri Lanka in addressing the current economic challenges. Foreign Minister Prof. G. L. Peiris met the UN Resident Coordinator in Colombo, Hanaa Singer- Hamdy to discuss multiple impacts arising out of the current economic situation in the country such as supply of essential items, concerns regarding food […]
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
Motorists around the country have queued for fuel, but the government was unable to supply.