Category: Local News

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.

Sri Lanka President Gotabaya Rajapaksa is scheduled to address the nation on Wednesday (March 16), President’s Media Division said.

The Sri Lankan rupee has depreciated to the lowest value against the US dollar in history today (March 14).

Leader of the United National Party Former Prime Minister Ranil Wickremesinghe says there is no use of forming a national government to resolve the prevailing crises.

Sri Lanka’s Former Energy Minister Udaya Gammanpila has called on the government to slash the taxes imposed on fuel and provide relief to the People.

Minister Vasudeva Nanayakkara handed over his official residence and vehicles to the Ministry Secretary today (March 14).

The Development Officers Service Union will launch a sick note campaign today (March 14) based on several demands including salary anomalies of graduates in the state sector.

A senior International Monetary Fund (IMF) official will be visiting Sri Lanka on Monday and Tuesday to brief President Gotabaya Rajapaksa on the fund’s assessment of the crisis-hit economy, Sri Lanka mission chief Masahiro Nozaki told Reuters.

Saudi Arabia’s Minister of Foreign Affairs Prince Faisal bin Farhan Al Saud arrived in Sri Lanka at 1.20 AM today (March 14) for a one day official visit.

The price of a 50kg bag of cement has been increased by Rs. 350, the traders announced today (March 13).

After considering the demands made by the bus associations, a decision has been reached to increase bus fares from midnight tomorrow (March 14).