Three members of the Public Utility Commission have rejected the proposal of PUCSL chairman’s proposal of 36 precent electricity tariff hike to ease the difficulty of consumers in paying exorbitant price for a unit of electricity.
Sri Lanka’s 60 -65% electricity tariff hike once in two months in accordance with IMF dictated power pricing formula is set to create another energy crisis with long hour power cuts as a result of the clash between the power and energy ministry and the public utilities commission headed by Janaka Ratnayake,official sources said.
SriLankan Airlines has defaulted on its US $175 million bond, having failed to amend the terms of the debt amid the worst economic crisis to engulf the country in its independent history.
The International Labour Organisation (ILO) has come forward in supporting 3,725 vulnerable women and men in the Mannar, Kilinochchi, Vavuniya and Mullaitivu districts to earn an income as well as sustain their livelihood through several short-term relief mechanisms.
Even in the aftermath of Covid -19 infections in China, Sri Lanka is yet to prepare for possible arrival of tourists from Beijing, which relaxed Covid-19 travel measures last month, officials said.