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[…]The post The National List & The House Of Duds appeared first on Colombo Telegraph.
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Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
The United Nations team in Sri Lanka and non-governmental organisations launched a joint Humanitarian Needs and Priorities (HNP) Plan today, calling for US$47.2 million to provide life-saving assistance to 1.7 million people worst-hit by the economic crisis over a four-month period, from June to September. This directly responds to the Government of Sri Lanka’s request […]
Wickremesinghe is on the spotlight for his performance after accepting Prime Minister post unconditionally.
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
ECONOMYNEXT – Sri Lanka has to raise taxes on the people but they will also have to be accompanied by spending cuts, opposition legislator and former State Minister for Finance Eran Wickremeratne said after value added tax and telecom fee was raised and more taxes were announced.Sri Lanka raised revenues under an International Monetary Fund program after 2015, though spending also went up du...
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
Money printing creates forex and fuel shortages
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
[…]The post Aragalaya: People’s Response To Rajapaksa-Made Crisis appeared first on Colombo Telegraph.
[…]The post Playing Games With Constitutional Reforms appeared first on Colombo Telegraph.
[…]The post Can Ranil Succeed In Sri Lanka Game Of Thrones? appeared first on Colombo Telegraph.
Central bank has run out of reserves and is guidance rate
[…]The post GR’s Gamble With RW appeared first on Colombo Telegraph.
[…]The post Some Suggestions To Assist In Sri Lanka Striving To Achieve A Primary Balance appeared first on Colombo Telegraph.
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
The Prime Minister's office was targeted by the protesters for the first time.
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
“What the international community is looking for is long-term policy credibility and sustainability."
[…]The post Interim Government For Reform Not Consolidation appeared first on Colombo Telegraph.
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
[…]The post Paradise Bankrupt On Golden Republic Anniversary 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 post A Postscript To Political Crisis: A Way Out appeared first on Colombo Telegraph.
[…]The post Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay Alive appeared first on Colombo Telegraph.