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Another 40,000 MT of diesel arrived in Sri Lanka from India. The Indian High Commission in Colombo said that the diesel was sent under the credit line from India. Prior to this 12 shipments and more than 400,000 MT of fuel had been delivered to Sri Lanka from India. Prime Minister Wickremesinghe
India extended an additional USD 500 million credit line to help Sri Lanka import fuel as the country has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in...Click on the headline to read the full story
Protests demanding the resignation of President Gotabaya Rajapaksa continue around the island.
The energy minister attempted to reassure consumers that there would be no shortage going forward.
Sri Lanka Police has decided to begin island-wide raids from tomorrow (May 22) in search of people hoarding diesel or petrol for resale.
“They tell me I’m doing a bloody good job,” says de Silva. “I’m sure everyone will start doing this soon.”
The new government yet come up with some concrete steps to come out of Sri Lanka's unprecedented economic crisis
Video: Sri Lanka resumes fuel distribution, thousands still in line
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
Food suppliers have been willing to extend credit to local importers due to strong relationships spanning generations
The Government of Japan is giving essential medicines to Sri Lanka through UNICEF to meet the urgent needs of the most vulnerable population as the country grapples with shortages due to an economic crisis. The contribution of US$ 1.5 million will enable UNICEF to procure medicines for over 1.2 million people, among them 53,000 pregnant […]
Injections despite severe fuel and cooking gas shortages
The banned stations are in Makola South, Naalla, Pethiyagodda and Mirigama.
"We are unable to support the dengue prevention programs that are being implemented by the authorities"
Hydro power generation is on the rise, all power plants in Norochcholai will be operational from Monday
Sri Lanka sees long queues for fuel around the country
Sri Lanka’s Education Ministry has decided to close all government and government-approved private schools tomorrow (May 20) owing to the current fuel crisis.The post Schools closed tomorrow due to...Click on the headline to read the full story
Video: Sri Lanka stops issuing fuel to MPs from Police filling station
[…]The post A Postscript To Political Crisis: A Way Out appeared first on Colombo Telegraph.
"They asked me to book a hotel for them to stay here," said the Speaker.
In the rupee interest rates we can give central bank financing to the primary market and through open market operations
Sri Lankan authorities have decided to suspend the issuing of fuel from the filling station of Narahenpita Police Transport Division to vehicles of parliamentarians following public outcry.The post...Click on the headline to read the full story
[…]The post Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay Alive appeared first on Colombo Telegraph.
Sri lankan Prime Minister Ranil Wickremesinghe has said that non-essential public sector employees should not report for duty tomorrow (May 20) to mitigate the fuel crisis.The post Notice to Public...Click on the headline to read the full story
Minister of Energy Kanchana Wijesekara has refuted the posts in circulation, which claimed that Members of Parliament are given fuel at subsidized rates.
Sri Lankans have been asked to stay off petrol queues as no petrol will be distributed till the May 21/22 weekend.
Energy Minister Kanchana Wijesekera has denied claims that Parliamentarians are being given fuel at a subsidized rate. There were reports that the Narahenpita Police garage was pumping fuel for MPs at Rs. 121 a liter. However, Minister Kanchana Wijesekera insisted that no MP
Lanka IOC says that certain messages being circulated alleging that it has increased fuel prices with effect from May 18 are completely false.
People have started street protests demanding cooking gas from the government.
Lanka IOC has issued a statement on a fake document in circulation, which contains city-wise mobile numbers for the customers to convey their fuel requirements.