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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."
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
The United Nations (UN) has assured assistance to Sri Lanka in addressing the current economic challenges. Foreign Minister Prof. G. L. Peiris met the UN Resident Coordinator in Colombo, Hanaa Singer- Hamdy to discuss multiple impacts arising out of the current economic situation in the country such as supply of essential items, concerns regarding food […]
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
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 post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
In the next few weeks we will face the most difficult time
"I also wish to inform you that we will extend our support as a responsible opposition to correct decisions."
"Every day that passes, the future of this country is put at greater risk."
“After I speak to [friendly nations], there will be help coming from there. They won’t allow people to starve.”
The United Kingdom has issued a travel advisory on Sri Lanka warning against all but essential travel to Sri Lanka. The UK Foreign, Commonwealth and Development Office (FCDO) said that it advises against all but essential travel to Sri Lanka, due to ongoing political and economic instability. This advice does not apply to airside transit […]
Lack of parliament majority could drag the new prime minister's economic recovery plans
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Colombo: India continues help its close neighbor Sri Lanka which is facing the worst economic crisis in its history, by lending economic support and assistance. Indian Minister of Finance Nirmala Sitharaman told The International Monetary Fund recently to help Sri Lanka by extending its rapid aid facility even though Sri Lanka is classified as middle […]
[…] The post IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? appeared first on Colombo Telegraph.
Three leading international firms are among firms seeking to provide financial advice to Sri Lanka to help revamp $12 billion in external debt. According to Reuters, Ayres Investment Management LLP, DecisionBoundaries LLC and Perella Weinberg LP are among firms seeking to provide financial advice to Sri Lanka’s creditors as the country heads towards a revamp […]
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