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[…]The post Could A ‘National Government’ Resolve The Crisis? appeared first on Colombo Telegraph.
[…]The post The Dangerous Distortion Of The Aragalaya appeared first on Colombo Telegraph.
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
The United Nations World Food Programme (WFP) is to distribute ration packs to vulnerable households in Sri Lanka. The Government of Japan today announced a USD 1.5million (LKR 600 million) funding to help the Government of Sri Lanka respond to the ongoing economic crisis. The funds will be used by the WFP to provide food […]
Sri Lanka s prime minister Ranil Wickremesinghe has told Sky News that Âthe last administration is to blame for the country s current crisis.
Food suppliers have been willing to extend credit to local importers due to strong relationships spanning generations
The management of Litro Gas Lanka Ltd was summoned before the Committee on Public Enterprises (COPE) this morning to inquire into the current gas shortage and related solutions.
The Government of Japan is giving essential medicines to Sri Lanka through UNICEF to meet the urgent needs of the most vulnerable population as the country grapples with shortages due to an economic crisis. The contribution of US$ 1.5 million will enable UNICEF to procure medicines for over 1.2 million people, among them 53,000 pregnant […]
Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to...Click on the headline to read the full story
The banned stations are in Makola South, Naalla, Pethiyagodda and Mirigama.
Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months, the central bank...Click on the headline to read the full story
An International Monetary Fund virtual mission to Sri Lanka is expected to conclude technical talks on a potential IMF loan program to the crisis-wracked South Asian country on May 24, Fund spokesman...Click on the headline to read the full story
The International Monetary Fund (IMF) says it is in talks with stakeholders to support a timely resolution of the crisis in Sri Lanka. IMF spokesman Gerry Rice said that the IMF remains committed to help Sri Lanka in line with the IMF policies. “There’s currently a virtual IMF staff mission engaged in those technical talks […]
[…]The post Fearmongering & Spreading Rumors By Indian Intelligence In Sri Lanka appeared first on Colombo Telegraph.
An International Monetary Fund virtual mission to Sri Lanka is expected to conclude technical talks on a potential IMF loan program to the crisis-wracked South Asian country on May 24, Fund spokesman Gerry Rice said on Thursday.
Cross default clauses triggered
Maldives President Ibrahim Mohamed Solih has assured Sri Lanka every possible support as the country attempts to recover from a major economic crisis. The Maldives President welcomed the appointment of former President and current Speaker of the Maldivian Parliament, Mohamed Nasheed, to coordinate relief assistance for Sri Lanka. “Maldives will always stand with Sri Lankans […]
Prime Minister Ranil Wickremesinghe has warned of a possible food crisis in Sri Lanka from August. He told Sky News that Sri Lanka’s main concern is that the country has not had fertiliser for cultivation, and this coming season, the rice cultivation season will not have the full production. “Therefore from about August onwards, there […]
The Group of Seven economic powers support efforts to provide debt relief for Sri Lanka, G7 finance chiefs said on Thursday in a draft communique from a meeting in Germany after the country defaulted on its sovereign debt. The once-booming island country has suspended debt payments as it grapples with its worst economic crisis since […]
Sri Lanka s central bank governor said on Thursday he will stay on as head of the bank given an improvement in political stability in the midst of an economic crisis, and he would not step down as he had earlier said he would.
Hydro power generation is on the rise, all power plants in Norochcholai will be operational from Monday
Delays is fiscal reforms can reduce the recovery rate
Sri Lanka sees long queues for fuel around the country
Debt advisors expected to be appointed by the cabinet soon
Sri Lanka has noted with regret the adoption of a motion in the Canadian Parliament on the alleged genocide of Tamils in Sri Lanka and recognizing May 18 as Tamil Genocide Remembrance Day. The Foreign Ministry said that the Government categorically rejects the blatantly false allegation of genocide contained in the parliamentary motion with reference […]
The management of Litro Gas Lanka Ltd has been summoned before the Committee on Public Enterprises (COPE) tomorrow (20) at 11.00 am to inquire into the current gas shortage and related solutions.
Former President and current Speaker of the Maldivian Parliament, Mohamed Nasheed, is to coordinate relief assistance for Sri Lanka. Prime Minister Ranil Wickremesinghe held discussions with Nasheed today, the Prime Minister’s office said. During the discussions Nasheed generously offered to assist Sri Lanka in securing relief for the country from foreign nations. The Prime Minister […...
Sri Lanka’s Education Ministry has decided to close all government and government-approved private schools tomorrow (May 20) owing to the current fuel crisis.The post Schools closed tomorrow due to...Click on the headline to read the full story
Sri Lanka fell into default for the first time in its history as the government struggles to halt an economic meltdown that prompted mass protests and a political crisis.The post Sri Lanka Falls...Click on the headline to read the full story
[…]The post A Postscript To Political Crisis: A Way Out appeared first on Colombo Telegraph.