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Fuel crisis hits education institutions.
[…]The post Aragalaya: Manufactured Economic Crisis & Peoples’ Suffering appeared first on Colombo Telegraph.
The main index fell for the 4th consecutive session
Passenger transport, goods transport hit
Three-wheel drivers blocked the Galle Road in Dehiwala today and obstructed traffic, demanding fuel. The three-wheel drivers accused the authorities of failing to resolve the fuel crisis. They said that the crisis has affected their day-to-day income as they have not been able to operate
Currency crisis has triggered forex shortages
Sri Lanka has sought assistance from Iran to import medical items, the Tehran Times reported. The assistance was sought when the Ambassador of Sri Lanka to Iran, Wishwanath Aponsu, met Pir Hossein Kolivand, head of the Iranian Red Crescent Society. At the meeting he called for importing medical items and equipment from Iran to ease the […]
[…]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)."
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 has seen long queues across the country waiting for fuel amid severe dollars shortage.
Prime minister had expected food shortage to become severe in August.
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.
The measures include a surcharge for petrol users and sharp increase in revenue licence.
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 […]
Foreign expatriates have stopped sending money through banking channels as black market gives them more rupees.
SLC expects a considerable collection from ticket sales
[…]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.
Three-wheel drivers have been significantly affected by the fuel shortage, price hike
Sri Lanka is facing food shortage due to President Rajapaksa's fertilizer ban and dollar shortage
Prime Minister Ranil Wickremesinghe has warned of a threat of a food shortage. In view of the threat of a food shortage, a food security program was being compiled by the agriculture department officials. This program is due to be unveiled next month, with the United Nations Development Program (UNDP) expressing their support for the […]
Sri Lanka's rubber products can grow up to 30% in US dollar revenue if uninterrupted power supply ensured
Central bank has run out of reserves and is guidance rate
Sri Lanka is currently facing the worst economic crisis in its post-Independence history.