The Sri Lankan negotiating team led by the Minister of Finance was in Washington, discussing with the International Monetary Fund (IMF) officials regarding the role IMF could play in stabilising and restructuring the Sri Lankan economy.
Sri Lanka is currently bearing the fruits of financial mismanagement, lack of planning and shortsighted decision-making ever since the incumbent government was elected to power. Delays in seeking support from the International Monetary Fund (IMF), heavy borrowings on sovereign bonds, opting for credit lines from allies has c
April 19, 2022 was a day of unrest in Sri Lanka. People in major towns and cities took to the streets staging protests on the newly announced fuel price hikes during the wee hours of April 18. Subsequent....
With every passing day, the demand for the resignation of the President is gathering momentum, becoming more strident, and more widespread, and echoing even beyond the borders of this country. The President’s response has been to secure the resignatio
‘GotaGoGama’ – that is what the protesters call the ‘Agitation Site’ at the Galle Face Green which has now transformed into a colony of people from diverse backgrounds and walks of life. What commenced....
A health emergency has been declared by several health unions and stakeholders in the health sector due to the shortage of a list of over 200 essential drugs and devices which are either out of stock or are close to being out of stock. However the Health Ministry as well as the State Ministry of Production, Supply and Regulation of Pharmaceuticals has bee
Third review approved by IMF, SL to get next US$ 333 million tranche
Niloufer Esufally-Anverally Makes a Stylish Comeback with the Launch of NLFR
Global Entrepreneurship Week 2024 kicks off across all 25 districts
Fonterra to proceed with sale process for Consumer businesses
BOI signs US$ 12.16mn deal with Celogen Lanka
15-year-old schoolgirl impregnated, mother’s paramour arrested
United in art: Children collaborate to celebrate 35 years of CRC