REPRESENTATIVES OF IMF WHO VISITED SRI LANKA HAVE POINTED OUT SIX REASONS FOR COLLAPSE LEADING TO ECONOMIC CRISIS

IMF pointed out reasons for economic collapse – Harsha The International Monetary Fund (IMF) representatives who visited Sri Lanka has pointed out six reasons for the economic crisis with the main reason as arbitrary tax cuts in 2019, MP Harsha…

INDIAN PM MODI PLEDGES TO CONTINUE TO STAND WITH SRI LANKA

Will continue to stand with SL – Modi Indian Prime Minister – Narendra Modi has reiterated that India would continue to stand with the friendly people of Sri Lanka. He had stated this after meeting with Sri Lankan Finance Minister…

SRI LANKA ULTIMATELY DECIDES TO WORK WITH INTERNATIONAL MONETARY FUND (IMF)

Decided to work with the IMF – President Sri Lanka has started discussions with international monetary agencies and other friendly nations on its debt servicing obligations, President Gotabaya Rajapaksa said today (16). In a televised address to the nation, the…

AFTER PAYMENTS MADE UNLOADING OF LP GAS TANKERS DOCKED BEGINS

Payments made to gas tankers docked in Colombo Payments made to the LP gas tankers docked in Colombo, reports say. Unloading and distribution of stocks are to commence tomorrow (17). Earlier today, gas companies said that they have suspended operations…

GOVERNMENT URGED BY MINISTERS TO SEEK IMF ASSISTENCE TO RESURRECT THE COUNTRY

Ministers urge government to seek IMF assistance to resurrect the country! The ministers urged the government at yesterday’s (14) Cabinet meeting again to seek the assistance of the International Monetary Fund to resurrect the country from the financial crisis it…

CABINET APPROVAL SOUGHT TO INCREASE TRAIN FARES BY 15% AS WELL

Railway fares to be upped as well! Soon after Cabinet approval was granted to increase bus fares by 15%, the government is also planning to increase train fares as well. This was revealed by Transport minister – Dilum Amunugama, at…

TOLERATED ENOUGH SJB RALLY PLEADS

SJB launches massive protest in Colombo A massive protest launched by the Samagi Jana Balawegaya in Colombo has commenced a short while ago (15).    

SAJITH OPTS TO HAVE A SNAP PRESIDENTIAL ELECTION WITH TWO THIRD MAJORITY IN PARLIAMENT

Hold a Presidential Election promptly – Sajit Leader of the Opposition Sajith Premadasa says a Presidential Election must be held with the approval of a two-thirds majority in Parliament. Speaking following the protest march organized by the Samagi Jana Balawegaya…

EXTRAORDINARY GAZETTE REVISES PRICES OF SIXTY MEDICINAL DRUGS

Prices of 60 medicinal drugs revised The Government has published an extraordinary gazette revising the prices of 60 medicinal drugs with effect from today (15).

PLANS DRAWN TO LEASE FIFTEEN HECTARES OF MATTALA AIRPORT FOR CONSTRUTION OF TWO HOTELS

Fifteen hectares of Mattala Airport to be leased to two hotels! The Ministry of Tourism has planned to reserve 15 hectares of the Mattala International Airport terminal building for two hotels under a 35 year contract, it is reported. It…