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Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports
Wickremesinghe also met King Charles III on Sunday September 18.
Tuesday 20th September, 2022 Two Cabinet ministers have crossed swords over rice imports. Trade Minister Nalin Fernando has sought to rubbish Agriculture Minister Mahinda Amaraweera’s recent claim that imported rice should be fed to farm animals as it is unfit for human consumption. Why Fernando has seen red is understandable; the Agriculture Minister’s statement serves […]
A food crisis in Sri Lanka looms as the island nation faces its worst economic disaster in decades. With food price inflation higher than 90%, even staples like rice have become almost unaffordable for many Sri Lankans. The World Food Programme (WFP) estimates that about 30% of the population is food insecure and that one out of […]
By Rathindra Kuruwita Those who claimed that privatisation was the panacea for Sri Lanka’s economic ills had to present information about privatise institutions first, Janatha Vimukthi Peramuna (JVP) leader Anura Kumara Dissanayake said on Wednesday at a conference on privatisation of state assets. Dissanayake said that the SLPP had campaigned in 2019 and 2020 on a […]
"Sri Lanka needs to work collectively to solve the food issue in the face of the global food crisis."
The organisations expect the situation to worsen mainly during October 2022 to February 2023.
An online crowdfunding platform titled ‘Rebuild Sri Lanka’ launched by the United Nations Development Programme (UNDP) is now live providing the opportunity for global citizens to contribute to alleviating the impacts of the crisis in the island nation, the UNDP said.The facility can be accessed at www.undp.org/srilanka/donate. Sri Lanka is undergoing its worst economic crisis […]
Interested parties can contribute to two ailing sectors: healthcare and food.
Sri Lanka’s ousted President Gotabaya Rajapaksa, who returned home after seven weeks in exile following protests over economic hardships, could face legal action over forced disappearances of activists now that he has been stripped of constitutional immunity, a lawyer said. Rajapaksa flew to Colombo around midnight Friday from Thailand and was escorted under military guard […]
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]
By N Sathiya Moorthy The nation needs to thank Education Minister Susil Premajayantha for his determination to keep all school-going children out of hunger’s grip. Twice in a few days, he has talked about providing free meals to school children. On the second occasion, he went as far as to declare that he was ready […]
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country’s economic crisis, has returned to the country after seven weeks.The post Sri Lanka’s ousted president Gotabaya Rajapaksa returns home after fleeing appeared first on ONLANKA News :. Sri Lanka Latest Breaking N...
The budget is aimed at almost doubling the tax-to-GDP ratio to 15 percent by 2025 from 8.2 percent.
Wickremesinghe is budgeting in a sea of monetary instability
He said the new mechanism, upon its completion, will also ensure that transparent laws and systems are in place.
By N Sathiya Moorthy After a steep, 75-per cent hike in power-tariffs, the government has now announced increased charges for water and drainage charges. Though brought down after a steeper increase at the peak of fuel-shortage, the transport fares
The United Kingdom (UK) has relaxed the travel advice on Sri Lanka. The UK Foreign and Commonwealth Office said that the UK no longer advises against all but essential travel to Sri Lanka. The updated travel advice notes that Sri Lanka is experiencing a severe economic crisis which has led to shortages of basic necessities including […]
"This is a positive step and I am positive that the winter tourism season will perform well."
The UK no longer advises against all but essential travel to Sri Lanka
A team from the International Monetary Fund (IMF) will meet Sri Lanka's president on Wednesday for talks to finalise a bailout package, including restructuring debt of about $29 billion, amid the nation's worst financial crisis in more than seven decades.The post IMF team to holds talks with crisis-hit Sri Lanka on debt restructuring appeared first on ONLANKA News :. Sri Lanka Breaking News Update...
[…]The post Reliance On Repression Will Worsen Current Crisis appeared first on Colombo Telegraph.
by Jehan Perera Early this year the government under President Gotabaya Rajapaksa amended the Prevention of Terrorism law. It accepted the position that the law was in violation of international standards and wanted to show it was committed to improving its human rights record. The ground was set to mitigate the pressures from the UN […]
Workers who appeared for the test will also be given the opportunity to appear in another field next year.
[…]The post JR & Expert Advice: Failing To Implement Goh Keng Swee Report Of 1980 appeared first on Colombo Telegraph.
[…]The post Looking At The Problem Of The Point Of View Of The State appeared first on Colombo Telegraph.
After much thought and careful consideration of the emerging geo-political scenario in the Indian Ocean region, Sri Lanka has asked China to defer the arrival of the Yuan Wang 5 research and survey vessel to the Hambantota port. Initially, the Yuan Wang 5 received permission to dock at the southern Hambantota Port through a Foreign […]
90 percent of fuel distribution in Sri Lanka is done by the state-run Ceylon Petroleum Corporation.
[…]The post Protest Movement Can Rebound Unless Government Legitimacy Is Restored appeared first on Colombo Telegraph.