Category: Local News

Sri Lanka’s Finance Minister Basil Rajapaksa met Indian Prime Minister Narendra Modi in New Delhi Wednesday morning to discuss bilateral matters and further Indian assistance to the island nation which is in the grips of an extraordinary economic crisis.

Litro Gas and Laugfs Gas have announced that the production and distribution process of domestic gas was suspended as they did not receive gas consignments to commence production.

The Sri Lanka Petroleum Private Tanker Owners’ Association (SLPPTOA) has withdrawn from services to distribute fuel from midnight yesterday (March 15).

Prime Minister Mahinda Rajapaksa yesterday (March 15) said that Finance Minister Basil Rajapaksa, who is also the founder of the ruling Sri Lanka Podujana Peramuna (SLPP) wouldn’t be removed from the Cabinet of Ministers under any circumstances.

Increase in production costs resulted in all soft and hard liquor prices in Sri Lanka to go up from yesterday (March 15) midnight.

This country does not need a National Government now but a national programme. Let us make use of professionals even now to rebuild the country, Environment Minister Mahinda Amaraweera said.

Leader of the Opposition and the SJB Sajith Premadasa, yesterday (March 15) challenged President Gotabaya Rajapaksa to call a snap presidential election.

An Extraordinary Gazette has been issued announcing the price revision of 60 varieties of medicines with effect from today (March 15).

Sri Lanka President Gotabaya Rajapaksa has appointed a 14-member Advisory Committee to advise the National Economic Council, Cabinet spokesman Minister Ramesh Pathirana said.

The Sri Lankan rupee has depreciated to the lowest value against the US dollar in history today (March 15).

Sri Lanka is seeking financial support from the International Monetary Fund, reversing the government’s earlier resistance as efforts to bolster its foreign exchange reserves and manage looming debt payments have been complicated by the war in Ukraine.

Minister of Transport Dilum Amunugama said that Cabinet permission was granted to increase the train ticket fare in line with the recent fuel price hike.

The Samagi Jana Balaweagaya is due to stage a protest in Colombo today (March 15) under the theme ‘Let’s save the country from destruction’.

Minister of Environment Mahinda Amaraweera said the Sri Lanka Freedom Party was not prepared to be part and parcel to the government’s downfall if the government was not prepared to accept the positive features of their proposals to overcome the prevailing crisis.

The Janatha Vimukthi Peramuna (JVP) held a massive protest in the Ambalantota town yesterday (March 14), demanding a solution to the economic crisis in the country.

Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as the island nation seeks help to deal with its plunging reserves, a sliding currency and surging inflation.