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[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
[…]The post Preventing Crooks From Entering The Parliament appeared first on Colombo Telegraph.
Market has risen throughout the week, but in thin trade.
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
The Taliban in Afghanistan have appealed for international support, as the country deals with the aftermath of a devastating 6.1 magnitude earthquake. More than 1,000 people have been killed and at least 1,500 injured. Unknown numbers are buried in the rubble of ruined, often mud-built homes. South eastern Paktika province has been worst-hit and the […]
Prime Minister Ranil Wickremesinghe informed Parliament today that Sri Lanka was facing the threat of hitting rock bottom. He also said that going to the International Monetary Fund (IMF) is the only option Sri Lanka has to resolve the economic crisis. The Prime Minister said that the aim
Brokers see downward trend to continue in the next few weeks until interest rates come down.
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
Protests beginning to father pace as petrol, diesel shortages threaten to bring the country to a standstill
Passenger transport, goods transport hit
Sri Lanka's ongoing economic crisis has threatened a looming food crisis.
Currency crisis has triggered forex shortages
[…]The post A Country In Peril While The Executive Experiments appeared first on Colombo Telegraph.
"China and the United States could work together to help Sri Lanka (to) overcome current difficulties (sp)."
[…]The post IMF – Eagerly Awaited – Desperation Grows! 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, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying
[…]The post Depart From The Comfort Zone! appeared first on Colombo Telegraph.
Customers are sending questionaries to exporters on a daily basis inquiring about the country's situation.
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
Sri Lanka is compelled to depend on other countries to manage the impacts of economic crisis.
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 […]
"We have to work hard from this point onwards to ensure the next harvest is a success."
Says guidance rate has reduced volatility
[…]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.
Central bank has run out of reserves and is guidance rate