By Anupama Rajput Sri Lankan Lawmakers voted in acting President Ranil Wickremsinghe as the new President on July 20. The six-time Prime Minister was able to garner 134 votes in the 225-member parliament, despite public anger with the ruling elite in the hope that his long experience in government could help pull the country out […]

Sri Lanka is also expected to announce a fuel price revision on Monday, August 01.

“We would have had it this month [July] if it were not for the unstable political condition.”

The issuing of fuel under the National Fuel Pass or QR Code system commenced from midnight yesterday (31) at filling stations across the island.

The Government and the Central Bank of Sri Lanka (CBSL) have been implementing several measures to ease the burden of the current economic hardships on the people. One major factor that is contributing to the current crisis and the resultant hardships is the lack of foreign exchange liquidity in the banking system. Such shortage of […]

Providing financial and technical assistance towards the switch to renewable energy technologies The United Nations Development Programme (UNDP) in Sri Lanka together with the Sri Lanka Sustainable Energy Authority (SLSEA) has commenced an initiative to strengthen rural economies, increase forest cover, improve the living standards of rural women, and sustainable industries and small and medium en...

Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after the new government took office, according to a report by Reuters.Discussions with the multilateral lender started in April under former President Gotabaya Rajapaksa. The Sri Lankan government hopes to secure an Extended Fund Facility (EFF) – which would be […]

The National Fuel Pass or QR Code system will be applied in all fuel stations island-wide with effect from tomorrow (August 01), says Minister of Power and Energy Kanchana Wijesekera.

Non-oil imports collapsed 35.6 percent to 1,026 million US dollars.

We need to only remind ourselves of what happened to Greece and China (KMT) - D S Sennayake

Sri Lanka Police says that 33 persons have been arrested for hoarding fuel following island-wide raids carried out during the last 24 hours ending at 6.00 am today (31).

Minister of Power and Energy Kanchana Wijesekera says that registration to the National Fuel Pass with the vehicle revenue license is available now.

No queue travail for the lucky few By Ifham Nizam While many other state-sector professionals including medical specialists and other health workers are spending days and nights in fuel queues, engineers of the Ceylon Electricity Board are not feeling the pinch thanks to the government giving priority to supplying fuel for power generation, a senior […]

(UNFPA) When Ruchika found out she was pregnant with her second child in October last year she felt confident that she knew what to expect. Nine months later, she spent the day before her due date in a fuel queue pleading with an army officer and restless crowds so she could buy fuel to get […]

COLOMBO, 28 July 2022 – Nearly one in three parents responding to Save the Children’s survey in June 2022, have noticed negative changes in their children’s behaviour in the last 6 months.   Since the beginning of the economic crisis, children have showed signs of distress and withdrawal. The survey of more than 2,300 families across nine districts […]

AL Jazeera) Some Asian central banks must rapidly raise interest rates to prevent an “upward spiral” in inflation as the war in Ukraine drives surging fuel and food prices, an International Monetary Fund (IMF) official has said. While inflation in Asia remains “moderate” compared with other regions, several economies will have to act quickly to […]

Sri Lanka fuel queues still remain as is faces dollar shortage to buy fuel

The Ministry of Power Energy has appealed to the general public to send video or photo evidence of people hoarding or illegally selling fuel or not following instructions on fuel distribution.