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[…]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
Sri Lanka will have to import around 700,000 metric tons of rice as the paddy harvest will drop by 50%, this Yala season, United Rice Producers’ Association (URPA), Mudith Perera said.The post Rice...Click on the headline to read the full story
The World Health Organization (WHO) is focusing on assisting in overcoming the shortage of pharmaceuticals and medical equipment in Sri Lanka, says its Director General, Dr. Tedros Adhanom...Click on the headline to read the full story
By Easwaran Rutnam A protest march was held today to mark 50 days of the struggle at Galle Face in Colombo. The march, which began at Colpetty, saw the participation of trade unions, university students, and several ordinary citizens. The march went along Galle Road and through Galle Face where they were joined by religious […]
Medical supplies also send to the Suwaseriya ambulance service
Video: All you need to know about the medicine shortage ; Dr. Anwar Hamdani explains on #FOCALPO...
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
The Go Gota Gama protest site at Galle Face marks 50 days today (Saturday). The protest began on 9th April after Sri Lanka began to suffer a serious economic crisis resulting in a shortage of fuel, gas and enforced power cuts. Protesters gathered at Galle Face, near the entrance to the Presidential
USD 600 million would be required to ensure an adequate supply of fertiliser in the country, Prime Minister Ranil Wickremesinghe has said during a discussion with the representatives from the agriculture sector to discuss the looming food shortage.
The Philippines says it is ready to evacuate its nationals employed in Sri Lanka, owing to the economic crisis. Malacañang, the Philippines President’s Office, said that it has advised overseas Filipino workers (OFWs) who are seeking repatriation from Sri Lanka to get in touch with either the Philippine embassy in Dhaka or the Honorary Consulate […]
Russian oil is being supplied to Sri Lanka to produce fuel at its sole refinery as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be processed at Ceylon Petroleum Corp.’s refinery in Sapugaskanda,chairman Sumith Wijesinghe said in a phone interview. The country’s only refinery […]
Publishers, printers and writers warned of the shortage as early as February
"This will ease the burden on CPC and fuel stations providing in bulk."
Sri Lanka's refinery was closed in March due to dollar shortage prevented crude imports
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.
Sri Lanka sees a growing black market for fuel amid acute shortage
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
“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
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
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 […]
Average Sri Lankans are struggling meet the ends with sharp increase in prices of cooking gas amid shortage.
Wijesekara made this announcement at the weekly cabinet media briefing Tuesday morning.
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 […]