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Says economy could contract 7-pct in 2022
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
[…]The post Is Catastrophic Collapse Imminent? appeared first on Colombo Telegraph.
President Gotabaya Rajapaksa has spoken to his Russian counterpart Vladimir Putin over the phone to secure fuel supplies to Colombo from Moscow.
Sri Lanka's past diplomatic misconducts under Rajapaksa have made it difficult for Sri Lanka - official
At least one minister said to travel to Russia
The Government has enforced what is seen as an unofficial, partial lockdown from midnight today until 10th July with the public being urged to stay home. Cabinet Spokesman, Minister Bandula Gunawardena said that schools in Colombo and other major cities will remain closed until 10th July. Schools in other areas will function at the discretion […]
Sri Lanka is sending two ministers to Russia to negotiate for fuel - one of the necessities that the Indian ocean island nation has almost run out of amid its ongoing economic crisis.The post Sri...Click on the headline to read the full story
[…]The post Bailing Out The ‘Gota’ Led Regime; A Wasted Exercise! appeared first on Colombo Telegraph.
Two ministers will be flying to Russia tomorrow (27) and they will discuss matters including fuel imports during the visit, Minister Kanchana Wijesekara said.
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
[…]The post Is Cascading Collapse Unstoppable? appeared first on Colombo Telegraph.
"There is a war in Ukraine today after the IMF intervened there."
"Are we trying to get out of this crisis by being caught in a western trap?" he demanded.
I have the replies from the Russian companies which were suggested by the Russian Ambassador
Sri Lanka’s fuel stocks will last for about five more days, its power and energy minister said on Thursday (Jun 16), as the island nation awaits official confirmation from the Indian government for a new US$500 million credit line for fuel. The country of 22 million people is caught in its worst financial crisis in […]
[…]The post Aragalaya: Role Of Protests In Political Change appeared first on Colombo Telegraph.
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, Prime Minister Ranil Wickremesinghe said.
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
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.The post Sri...Click on the headline to read the full story
China on Wednesday praised India for making “great efforts” to help Colombo to tide over its worst financial crisis even as it refuted Sri Lankan President Gotabaya Rajapaksa’s remarks that Beijing has shifted its strategic focus from South Asia including Pakistan to South East Asia, saying the region still remained its priority. Sri Lanka has […]
The South Asian region is deeply divided in response to Russia’s invasion of Ukraine
[…]The post Elon Musk To Rescue Sri Lanka From IMF Debt Bondage? appeared first on Colombo Telegraph.
The minister said a complaint will also be made by the CPC to the Criminal Investigation Department (CID).
The president has requested in writing from several countries including Russia to buy oil.
[…]The post What Can Ranil Get Done? appeared first on Colombo Telegraph.
Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel.The post Sri Lanka Takes Russia Oil as...Click on the headline to read the full story
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
[…]The post Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards appeared first on Colombo Telegraph.