Unlike the financial crisis of 2008, the economic levers alone were insufficient to stimulate global economic recovery in 2022 as what had led to the current crisis was the consequences of evolving geopolitics, President Ranil Wickremesinghe said on Thursday at the ADB’s 55th annual meeting. “The Ukraine war on one side and the US-China rivalry, […]

Sri Lanka is struggling to secure dollar earnings and that has threatened its fuel, gas imports.

Due to current economic conditions social problems were worsening,

President of the Yuthukama organisation MP Gevindu Cumaratunga yesterday said that despite all gloom and doom predictions and statistics of a crisis prevailing in the country there was still a way out of the present plight if the country attempts to find solutions through cultural norms and ancient wisdom. Addressing the media in Colombo, Cumaratunga […]