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Passenger transport, goods transport hit
Prime Minister has warned of a food shortage from August.
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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 […]
Dhammika Perera is widely speculated to be appointed as a cabinet minister - SLPP sources
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 […]
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Money printing creates forex and fuel shortages
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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
My Business International (www.mybusinessinternational.com), a comprehensive web portal that provides a much-needed platform for businesses in Sri Lanka to connect with foreign markets has officially been unveiled recently. It’s a time apt solution as Sri Lanka is facing an unprecedented economic crisis with a shortage of US Dollars causing great hardships across the country. As […]
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
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."
Average Sri Lankans are struggling meet the ends with sharp increase in prices of cooking gas amid shortage.
Motorists around the country have queued for fuel, but the government was unable to supply.
Cabraal kept the exchange rate artificially steady while spending reserves for foreign debt repayment.
Cabraal has been prevented leaving the country from April 7
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The new government yet come up with some concrete steps to come out of Sri Lanka's unprecedented economic crisis
Sri Lanka sees long queues for fuel around the country
People have started street protests demanding cooking gas from the government.
Prime Minister Ranil Wickremesinghe today painted a gloomy picture for Sri Lanka saying the country will face an even more difficult time period in the short term. In an address to the nation today, the Prime Minister said that there are petrol stocks only for a single day, there is a possibility that the daily power […]
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