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Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
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 […]
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.
By N Sathiya Moorthy After a steep, 75-per cent hike in power-tariffs, the government has now announced increased charges for water and drainage charges. Though brought down after a steeper increase at the peak of fuel-shortage, the transport fares too are not going to be the same even as much as they had become in […]
UNP Chairman Wajira Abeywardena has declared that political parties represented in parliament should agree on a set of polices that should remain unchanged for a period of 25 years.A statement issued by the UNP quoted UNP National List MP Abeywardena as having told the media that a system should be in place to prevent overnight […]
Motorists see queues again as many filling stations have run out of fuel stocks.
Sri Lanka is facing a looming food shortage after ban on fertilizer import
The United Kingdom (UK) has relaxed the travel advice on Sri Lanka. The UK Foreign and Commonwealth Office said that the UK no longer advises against all but essential travel to Sri Lanka. The updated travel advice notes that Sri Lanka is experiencing a severe economic crisis which has led to shortages of basic necessities including […]
"This is a positive step and I am positive that the winter tourism season will perform well."
The UK government today (August 26) relaxed travel restrictions on Sri Lanka, stating that it no longer advises against all but essential travel to the island nation.The post United Kingdom relaxes travel restrictions on Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
The UK no longer advises against all but essential travel to Sri Lanka
As of August 23 more than six million vehicles have signed up for the QR system.
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 […]
Apple supplier Foxconn Technology Group is suspending operations at its factory in Chengdu, capital of southwestern Sichuan province, for six days amid a regional electricity shortage that has put pressure on iPad supplies ahead of the US tech giant’s annual product launch. The Chengdu campus of Foxconn, formally known as Hon Hai Precision Industry, is shutting down all […]
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...
[…]The post Reliance On Repression Will Worsen Current Crisis appeared first on Colombo Telegraph.
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 […]
Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.
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 […]
Workers who appeared for the test will also be given the opportunity to appear in another field next year.
Gunasekara said, under the current circumstances, the production cost per egg is 49 rupees which is above retail price.
By Samarakoon Bandara A large number of persons with Non Communicable Diseases (NCD) are not taking prescribed medicines due to economic difficulties, and thus hospitals are filling up due to complications, Dr. Palitha Rajapaksha, the assistant secretary of the Government Medical Officers Association (GMOA) says. There were about three million people, over 60 years, and […]
In August alone 2,924 new cases were recorded in Sri Lanka, with 84 deaths attributed to the disease.
By Rathindra Kuruwita Health Minister Keheliya Rambukwella on Monday (15) falsely had declared that the State Pharmaceutical Corporation (SPC) had begun the manufacture of new medicines, omperozole 20mg, levothyroxine 50mg, President of the College of Medical Laboratory Science (CMLS), Ravi Kumudesh said yesterday. “The Minister made this statement at an event purportedly to launch those [&#...
The grant was given in response to a request by Sri Lanka’s government.