Sri Lanka’s inflation is expected to significantly cool in the coming months after peaking near 70% this year, and the nation may gradually relax a currency band as inflows improve, central bank governor Nandalal Weerasinghe said.The post Sri Lanka’s inflation expected to significantly cool in the coming months – CBSL Governor appeared first on Sri Lanka News - Latest Breaking News in ...
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By N Sathiya Moorthy Talking to newsmen in Colombo recently, former President Chandrika Bandaranaike Kumaratunga, CBK, said that the nation demanded a ‘radical system-change’ and voters much elect someone who can do it. In context, she referred to the hugely successful Aragalaya protests earlier in the year and pointed out how they were unprecedented and […]
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underscore need to amend Exchange Control Act By Shamindra Ferdinando MP Gevindu Cumaratunga, who represents the SLPP dissidents, yesterday (27) alleged that the incumbent government was yet to bring enough pressure to bear on those who had parked as much as USD 36 billion overseas to bring the money back.Cumaratunga said the government’s failure to […]
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The dramatic fuel shortages that accompanied mass protests in Sri Lanka earlier this year may have eased, but for millions of Sri Lankans the economic crisis is worse than ever, said a report by the Amnesty International. It said: This month, the United Nations renewed a humanitarian appeal, stating that 28 percent of the population faces […]
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By Rex Clementine Heavy rain forced match officials to call off the second One-Day International between Sri Lanka and Afghanistan at the Pallekele International Stadium on Sunday.Set a target of 229 runs to win, Sri Lanka had reached 10 for no loss in 1.4 overs when rains came down forcing the players indoors. Rain didn’t […]
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