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Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated assistance to help Sri Lanka recover from its economic crisis, the government said on Tuesday.The post Global lenders eye coordinated assistance for Sri Lanka – Government appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
In the midst of Sri Lanka s medicinal shortage, it has been revealed that the Medical Supplies Division (MSD) of the Health Ministry is currently short of a staggering total of 151 drugs.
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
BY Dr. C. S. Weeraratna csweera@sltnet.lk According to United Nations’ Committee on World Food Security, “Food security is achieved when all people, at all times, have physical and economic access to sufficient, safe and nutritious food to meet their dietary needs and food preferences for an active and healthy life. The Food and Agriculture Organization […]
Six containers containing 153,375 kgs of milk powder stuck at the Colombo Port which had been imported in violation of import-export regulations, State Minister of Finance Ranjith Siyambalapitiya said.The post Six milk powder containers imported in violation of regulations detained at Colombo port appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The dramatic fuel shortages that accompanied mass protests in Sri Lanka earlier this year may have eased, but for millions of Sri Lankans the economic crisis is worse than ever, said a report by the Amnesty International. It said: This month, the United Nations renewed a humanitarian appeal, stating that 28 percent of the population faces […]
Due to the high demand during the festive season and the delay in the arrival of the ordered gas shipments to Sri Lanka, limited LP gas stocks will be released to the market until next Wednesday (November 30), The Litro Gas Company said.The post Litro Gas to release limited gas stocks to market until Wednesday appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Australian Government-funded Skills for Inclusive Growth Program (S4IG), managed by Palladium International Group entered into an MoU with Cinnamon Hotel Management Ltd (CHML) to achieve several strategic results in Colombo recently. S4IG is a programme by the Department of Foreign Affairs and Trade (DFAT) in accordance with the terms of a subsidiary agreement signed on […]
To address the looming shortage of grains for the animal feed industry and maize based food items due to the ongoing socio-economic crisis in Sri Lanka, as a part of the response efforts through the United Nations (UN) joint Humanitarian Needs and Priorities (HNP) Plan, the Royal Thai Embassy
By Ifham Nizam Out of the estimated 50,000 acres in the Balangoda Soragune Reserve Forest 6,245 have been parceled out to influential businessmen and politicians, claiming them to be under Devalagam Lands, leading environmentalists alleged.Centre for Environmental Justice (CEJ) Executive Director, Dilena Pathragoda told The Sunday Island that such lands belonging to both Ratnapura and Badulla dist...
[…]The post Lanka’s Vanishing Fish: Corporate Capture & Import Dependency Deepen The Debt Trap appeared first on Colombo Telegraph.
International human rights organisation, Human Rights Watch (HRW) urged Sri Lanka’s major foreign creditors, including China, Japan, and India to help restructure debts and urgently mitigate the adverse human rights impacts of the country’s worst-ever economic crisis.The post Human Rights Watch urges major creditors to help restructure Sri Lanka’s debts appeared first on Sri Lanka News - Lat...
Sri Lanka's central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of line with the inflation outlook.The post Central Bank of Sri Lanka threatens administrative measures over high market interest rates appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s gross official reserves were estimated at US dollars 1.7 billion as of end October 2022, including the swap facility from the People’s Bank of China, equivalent to around US dollars 1.4 billion, which has certain conditionalities on usability, the Central Bank of Sri Lanka said today. The Central Bank said that the merchandise […]
To address the looming shortage of grains for the animal feed industry and maize based food items due to the ongoing socio-economic crisis in Sri Lanka, as a part of the response efforts through the United Nations (UN) joint Humanitarian Needs and Priorities (HNP) Plan...
Sri Lanka's central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure a $2.9 billion International Monetary Fund (IMF) bailout to stabilise its crisis-hit economy.The post Sri Lanka to hold rates as inflation slows slightly, focus on IMF bailout appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA Ne...
[…]The post National Council’s Economic Stabilisation Report Is A Welcome Sign appeared first on Colombo Telegraph.
[…]The post Erosion & Climate Change: Sri Lanka Is Adrift In The Indian Ocean appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe stated that the measures to strengthen the economy under a five-year plan are envisaged in the budget proposal for 2023 which has the potential to bring about a transformative economic change within the period between 2023 and 2027.The post Initial steps taken through budget to strengthen economy under five-year plan – President appeared first on Sri...
The Government noted there is a shortage of staff in Sri Lanka’s Foreign Service. The Ministerial Consultative Committee on Foreign Affairs said that the recruitment of staff to the Foreign Service has not been carried out since 2018. As a result, there is a shortfall of qualified staff
Despite the sharp electricity tariff revision in August, it would not be enough to cover the Ceylon Electricity Board’s (CEB) operating costs, according to Fitch Ratings. The government increased the average electricity tariff by 75 percent in August 2022, amid higher feedstock costs, resulting in large losses for the CEB.The post Tariff hike not enough to cover Ceylon Electricity Board’s op...
[…]The post Budget 2023 Will Be The Acid Test Of RW’s Magic Wand appeared first on Colombo Telegraph.
A niece in Kandy sent me two cheeses and butter which she said she bought from a farm owned by a woman in Digana. The combination of Digana and a woman managing a farm were intriguing. Digana was an oft visited holiday resort years ago – the housing complex left by the Balfour Beatty Infrastructure […]
Monday 7th November, 2022 Teachers’ trade unions and the government have locked horns over a non-issue. The former has urged the latter to respect female teachers’ right to choose what to wear during school hours. The government has refused to consider their demand, and the male trade union leaders have seen red. Interestingly, lady teachers […]
By Rathindra Kuruwita Sri Lanka has wasted millions of dollars by importing excess amounts of Pfizer vaccines and those in charge of medical supplies are responsible for the colossal loss, President of the College of Medical Laboratory Science (CMLS) Ravi Kumudesh told The Island yesterday.Kumudesh said that the Ministry of Health claimed that it imported […]
By Ifham Nizam The Centre for Environmental Justice (CEJ) Director and Senior Advisor Hemantha Withanage has brought to the attention of the Asian Development Bank (ADB) President Masatsugu Asakawa destruction that elephants are wreaking due to the Moragahakanda and Upper Elahera projects built with ADB funds. “We would like to bring to your attention the […]
shortage in essential and non-essential medical […]
By Dr. Ajith Kumara Consultant Physician President, All Ceylon Medical Officers Association Prof. Senaka Bibile is the greatest medical benefactor of humanity that Sri Lanka has hitherto produced. As a student, he was an all-rounder; he excelled in in academic and extracurricular activities including sports and art. He completed his First, Second and Final M.B. […]
According to the United Nations’ Committee on World Food Security “Food security is achieved when all people, at all times, have physical and economic access to sufficient, safe and nutritious food to meet their dietary needs and food preferences for an active and healthy life”. The Food and Agriculture Organization (FAO) and World Food Programme […]
Indonesia donated grocery packages to needy families in Hambantota, the Embassy of the Republic of Indonesia in Colombo said today. The Embassy together with the Sri Lanka Indonesian Friendship Association (SLIFA) have organized a joint charity programme for distribution of dry rations to deserving Sri Lankans who are affected by the present economic crisis as […]