The Government and the Central Bank of Sri Lanka (CBSL) have been implementing several measures to ease the burden of the current economic hardships on the people. One major factor that is contributing to the current crisis and the resultant hardships is the lack of foreign exchange liquidity in the banking system. Such shortage of […]

Providing financial and technical assistance towards the switch to renewable energy technologies The United Nations Development Programme (UNDP) in Sri Lanka together with the Sri Lanka Sustainable Energy Authority (SLSEA) has commenced an initiative to strengthen rural economies, increase forest cover, improve the living standards of rural women, and sustainable industries and small and medium en...

Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after the new government took office, according to a report by Reuters.Discussions with the multilateral lender started in April under former President Gotabaya Rajapaksa. The Sri Lankan government hopes to secure an Extended Fund Facility (EFF) – which would be […]

The National Fuel Pass or QR Code system will be applied in all fuel stations island-wide with effect from tomorrow (August 01), says Minister of Power and Energy Kanchana Wijesekera.

Non-oil imports collapsed 35.6 percent to 1,026 million US dollars.

We need to only remind ourselves of what happened to Greece and China (KMT) - D S Sennayake

Sri Lanka Police says that 33 persons have been arrested for hoarding fuel following island-wide raids carried out during the last 24 hours ending at 6.00 am today (31).

Minister of Power and Energy Kanchana Wijesekera says that registration to the National Fuel Pass with the vehicle revenue license is available now.

No queue travail for the lucky few By Ifham Nizam While many other state-sector professionals including medical specialists and other health workers are spending days and nights in fuel queues, engineers of the Ceylon Electricity Board are not feeling the pinch thanks to the government giving priority to supplying fuel for power generation, a senior […]

(UNFPA) When Ruchika found out she was pregnant with her second child in October last year she felt confident that she knew what to expect. Nine months later, she spent the day before her due date in a fuel queue pleading with an army officer and restless crowds so she could buy fuel to get […]

COLOMBO, 28 July 2022 – Nearly one in three parents responding to Save the Children’s survey in June 2022, have noticed negative changes in their children’s behaviour in the last 6 months.   Since the beginning of the economic crisis, children have showed signs of distress and withdrawal. The survey of more than 2,300 families across nine districts […]

AL Jazeera) Some Asian central banks must rapidly raise interest rates to prevent an “upward spiral” in inflation as the war in Ukraine drives surging fuel and food prices, an International Monetary Fund (IMF) official has said. While inflation in Asia remains “moderate” compared with other regions, several economies will have to act quickly to […]

Sri Lanka fuel queues still remain as is faces dollar shortage to buy fuel

The Ministry of Power Energy has appealed to the general public to send video or photo evidence of people hoarding or illegally selling fuel or not following instructions on fuel distribution.

Steps will be taken to reserve a quota of fuel at selected filling stations for the Police Department, the Ministry of Power Energy says.

Vehicle owners, who were unable to register for the National Fuel Pass QR system with the chassis number, will be allowed to register with the vehicle revenue licence number from tomorrow (July 31), Minister Kanchana Wijesekara says.

The highest number of filling stations using the National Fuel Pass QR system in a single day was reported on Friday (July 29) with 657 stations using the platform, Minister of Power Energy Kanchana Wijesekara.

By Shiran Ranasinghe and Sanath Nanayakkara The Ceylon Petroleum Corporation (CPC) has still not paid for a ship carrying 40,000 tonnes of diesel that had arrived in Colombo Port on 16 July 16. The CPC has to pay 52 million dollars to the Dubai based Coral Energy before unloading the diesel. Moreover, the CPC also […]

By Shiran Ranasinghe The government must reveal who is responsible for developing the computer application used for the National Fuel pass; who the owner is, and how much the government has paid for the app, Head of the National Employees Union of the Ceylon Petroleum Corporation (CPC) Ananda Palitha, said yesterday.Palitha said that the application […]

By Ifham Nizam Many professionals including medical specialists were spending days and nights in fuel queues, but the engineers of the Ceylon Electricity Board had no such problem as the government giving priority to supplying fuel for power generation, a senior Power and Energy Ministry official said. Despite everyone else undergoing untold hardships trying to […]

Police search FSP office By Rathindra Kuruwita The government was carrying out a psychological operation to prevent the people from taking to the streets as the economic crisis deepens, Frontline Socialist Party (FSP) Propaganda Secretary, Duminda Nawagamuwa said yesterday, following a police raid of their Colombo office. Nawagamuwa said that a policeman, and 10 men […]