No plans to seek IMF aid

Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal, yesterday (20), told reporters the Government has no plans to go to the International Monetary Fund (IMF) for aid.







Supplying Power 24/7 Not Possible

Providing uninterrupted electricity for 24 hours will cause foreign reserves to dry up fast and the country will face a total blackout if the Government is unable to get foreign exchange to import fuel by the end of February, Energy Minister Udaya Gammanpila warned yesterday (January 19).




“Erroneous and outdated information”: Sri Lanka responds to Canada travel advisory

Sri Lankan government today insisted that the recent travel advisory issued by Canada on the island nation contains flawed references to the economic and security situation in the country as well as inaccurate information with regard to the safety and security of female travelers and harassment of foreigners.