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"There is no way we can go ahead with the current public sector. The ideal size is 500,000."
"There is a war in Ukraine today after the IMF intervened there."
The Indian High Commission in Sri Lanka tweeted Friday June 24 afternoon that more aid will follow.
[…]The post Aragalaya For Creating A Classless Sri Lanka appeared first on Colombo Telegraph.
[…]The post Discarded & Ignored Human Rights Council’s Resolutions By Defiant Sri Lanka appeared first on Colombo Telegraph.
The IMF must put the issue on the agenda during their visit, he said.
Views of Milton Friedman, Robert Mundel and how John Greenwood and Alan Walters set up the Hong Kong currency board
The health and food sectors are two of the most heavily affected by the ongoing economic crisis in Sri Lanka, with severe medical and food supply shortages, availability of basic pharmaceuticals and overall health and wellbeing continuing to be significantly affected. In this backdrop, building
Indian External Affairs Minister S. Jaishankar on Thursday met his Sri Lankan counterpart Prof. G.L. Peiris in Rwanda and discussed India s crucial support for the crisis-hit nation.
[…]The post Revisiting, Reforming & Reordering Our Agriculture appeared first on Colombo Telegraph.
Video: NewslineSL | Sri Lanka in crisis in search of solutions | Daniel Alphonsus | 23 June 2022...
Minister for Foreign Affairs and Local Government of New Zealand Nanaia Mahuta today announced the contribution of NZD 800,000 (approximately LKR 181 million) to UNICEF Sri Lanka to help Sri Lankan children who have been badly impacted by the ongoing economic crisis.
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
Stocks have been on a downward trend mainly due to higher interest rates
The proposed amendment will be of "no consequence to our current situation" regardless, he said.
Sri Lankans are still waiting in long queues for days to buy fuel and cooking gas amid power cuts as the crisis deepens.
The firm will continue to airlift the medical supplies gifted by other countries free of freight Charges
Private buses now spend a longer time at bus stops waiting for passengers in an attempt to cover costs.
"Limited amount of Petrol to be distributed today (23) and tomorrow (24) islandwide."
To discuss long and short term assistance
INSEE Cement, Sri Lanka’s largest and leading cement manufacturer handed over 10,000 doses of Erythropoietin (EPO) vaccinations to the Ministry of Health today to address the shortage of medicine resulting from Sri Lanka’s current economic crisis. The donation valued at LKR 40 million, and procured
The Taliban in Afghanistan have appealed for international support, as the country deals with the aftermath of a devastating 6.1 magnitude earthquake. More than 1,000 people have been killed and at least 1,500 injured. Unknown numbers are buried in the rubble of ruined, often mud-built homes. South eastern Paktika province has been worst-hit and the […]
Has China subscribed to the economic downfall of Sri Lanka through its alluring loan scheme? Sri Lankans today inherit unviable Chinese infrastructure projects yielding no returns. Have Chinese investments in Sri Lanka done any good to the country? A complex issue posed by many trying to find answers in the present context. These projects, more […]
Finance Minister of India Nirmala Sitharaman has assured Sri Lanka of her Âfullest support and cooperation for its recovery from the ongoing economic crisis.
Prime Minister Ranil Wickremesinghe informed Parliament today that Sri Lanka was facing the threat of hitting rock bottom. He also said that going to the International Monetary Fund (IMF) is the only option Sri Lanka has to resolve the economic crisis. The Prime Minister said that the aim
Brokers see downward trend to continue in the next few weeks until interest rates come down.
by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lanka’s economic implosion and a humanitarian crisis of regional impact. Under indictment are the policies of President Rajapaksa, who is too bent on Chinese positions. For China, the Quad’
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
"But India can't keep giving us loans. Even their assistance has a limit."
"Are we trying to get out of this crisis by being caught in a western trap?" he demanded.