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Says economy could contract 7-pct in 2022
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
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Sri Lanka's past diplomatic misconducts under Rajapaksa have made it difficult for Sri Lanka - official
Sri Lanka is sending two ministers to Russia to negotiate for fuel - one of the necessities that the Indian ocean island nation has almost run out of amid its ongoing economic crisis.The post Sri...Click on the headline to read the full story
[…]The post Bailing Out The ‘Gota’ Led Regime; A Wasted Exercise! appeared first on Colombo Telegraph.
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
[…]The post Is Cascading Collapse Unstoppable? appeared first on Colombo Telegraph.
"There is a war in Ukraine today after the IMF intervened there."
"Are we trying to get out of this crisis by being caught in a western trap?" he demanded.
Sri Lanka’s fuel stocks will last for about five more days, its power and energy minister said on Thursday (Jun 16), as the island nation awaits official confirmation from the Indian government for a new US$500 million credit line for fuel. The country of 22 million people is caught in its worst financial crisis in […]
[…]The post Aragalaya: Role Of Protests In Political Change appeared first on Colombo Telegraph.
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, Prime Minister Ranil Wickremesinghe said.
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
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.The post Sri...Click on the headline to read the full story
[…]The post Antics Of Rajapaksa’s Viceroy In The Volatile North appeared first on Colombo Telegraph.
China on Wednesday praised India for making “great efforts” to help Colombo to tide over its worst financial crisis even as it refuted Sri Lankan President Gotabaya Rajapaksa’s remarks that Beijing has shifted its strategic focus from South Asia including Pakistan to South East Asia, saying the region still remained its priority. Sri Lanka has […]
The South Asian region is deeply divided in response to Russia’s invasion of Ukraine
Bangladesh is considering sending potatoes to Sri Lanka during the ongoing crisis. The assurance was given by Bangladesh Prime Minister Sheikh Hasina during a meeting with the Secretary General of the South Asian Association for Regional Cooperation (Saarc) Esala Ruwan Weerakoon. According to the Dhaka Tribune, Weerakoon paid a courtesy call on the Prime Minister […]
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
[…]The post All-Weather And Fair-Weather Friends appeared first on Colombo Telegraph.
China is closing in on India after establishing ports at Gwadar in Pakistan, Hambantota and Colombo in Sri Lanka and soon it will have access to the Indian Ocean from ports in Myanmar. In August 2021, China successfully trialled a cargo run from Myanmar’s Yangon Port all the way to China’s Yunnan Province. China has […]
“Everyone, please get in the field, and grow [crops],” the minister said on Sunday (29) speaking to reporters.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel.The post Sri Lanka Takes Russia Oil as...Click on the headline to read the full story
Russia has received an appeal from Sri Lanka for help in overcoming the energy crisis raging in the country and is now considering the next steps to provide assistance, the Russian Foreign Ministry said on Thursday.
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.
It has 90,000 metric tonnes of Siberian Light Crude
[…]The post Hold Elections & Avert A Dual-Power Crisis appeared first on Colombo Telegraph.