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Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
[…]The post Implement President’s Pledges To Revive Economy appeared first on Colombo Telegraph.
Economic activities have significantly slowed down due to fuel shortage.
The Supreme Court has ordered the Attorney General (AG) to submit a report on the purchasing and distribution of fuel. The court has ordered the AG to submit the report before 12th July. The order was given in response to a fundamental rights petition filed in the Supreme Court by the Bar Association of Sri […]
A state of self-imposed curfew is prevailing now within the country due to the fuel shortage, says parliamentarian Wimal Weerawansa.
The Suwa Seriya 1990 emergency ambulance service announced yesterday (July 03) that its patient transfers would be delayed due to lack of fuel.The post Fuel shortage hits Suwa Seriya ambulance...Click on the headline to read the full story
Speaker Mahinda Yapa Abeywardena today refused to divert from the Parliament agenda and discuss the ongoing crisis in the country. Independent MP Wimal Weerawansa questioned the failure of the Parliament to focus on the fuel issue today instead of discussing others matters. The Speaker responded saying party leaders had agreed on the agenda so he […]
The daily life of the general public is at risk of being further disrupted relative to the last week due to the limitation of transport services as a result of the fuel crisis.
[…]The post Child’s Guide To True Cost Of Activities: Concept Of Opportunity Cost appeared first on Colombo Telegraph.
Sri Lanka is to continue to stand by the ‘one China policy’ and support to protect China’s sovereignty and territorial integrity, the Foreign Ministry said today. The Foreign Ministry said that the assurance was given when the Minister of Foreign Affairs, Professor G.L. Peiris met with the Ambassador of China, Qi Zhenhong, at the Ministry […]
Sri Lanka is facing risk of increased power cut
"With this, we expect to meet our needs without shortages, and also to reduce prices through competition," he said.
IMF has estimated a sharp contraction in the economic growth this year.
As the fuel shortage has sent the country into a lockdown situation, people, particularly those in Colombo and the suburbs, are facing a risk of losing access to food and other essential stuff, with...Click on the headline to read the full story
Doctors and bankers were among hundreds of Sri Lankans who marched on Wednesday (June 29) to demand the government resolve a severe fuel shortage at the heart of the Indian Ocean island's worst...Click on the headline to read the full story
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IMF is expected to issue a statement on its discussions with Sri Lankan officials on Thursday.
Sri Lankans are frustrated of waiting in queues for days to buy fuel, cooking gas, kerosene
Department of Motor Traffic (DMT) will be closed on Thursdays and Fridays due to the prevailing fuel shortages and transportation issues, Commissioner General of Motor Traffic Sumith Alahakoon says.
“We were promised fuel last Friday, but we didn’t get it. At this point. we don’t even have fuel to report to work."
The main stock index has fallen 4.4$% in the last two sessions.
[…]The post System Change Plus Politician Change Through Elections appeared first on Colombo Telegraph.
All Share Price Index fell 1.72 percent or 128.21 points to 7,323.70 at 1135 hours on June 28.
The Government has enforced what is seen as an unofficial, partial lockdown from midnight today until 10th July with the public being urged to stay home. Cabinet Spokesman, Minister Bandula Gunawardena said that schools in Colombo and other major cities will remain closed until 10th July. Schools in other areas will function at the discretion […]
Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in the nation battling its worst economic crisis in seven decades, while schools shut in Colombo...Click on the headline to read the full story
[…]The post As Our Economy Collapses, Going Green With Solar Energy & Ovens: It Is Fun & The Future appeared first on Colombo Telegraph.
Stocks fall for the first time in five sessions.
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
Online classes will be held on Monday 27 and Friday July 01, the ministry said.
[…]The post Preventing Crooks From Entering The Parliament appeared first on Colombo Telegraph.